SSE welcomes the Select Committee’s report, which examines the views of an extremely wide range of stakeholders, including financiers, NGOs, consumer groups and utilities, as an important contribution to the current electricity market reform (EMR) debate. The Report’s conclusions and recommendations, the vast majority of which SSE supports, illustrate the level of concern that many organisations have with the Government’s current direction of travel.
SSE shares the Committee’s concerns that problems with the current Contract for Difference (CfD) proposals could make them unworkable. In particular SSE agrees with the Committee that:
SSE hopes that the Government will listen to, and consider, stakeholders concerns as closely as the Committee has when it looks again at its package of EMR reforms. If it does this then SSE shares the Committee’s view that there is still scope to revise the proposals into a workable package.
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Offshore WIND staff, July 25, 2012; Image: SSE