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British DECC plans to accelerate decarbonisation by 2030

The British government has tabled new clauses to the Energy Bill, to ensure that consumers get a better deal on their energy bills, and to press ahead with decarbonising the power sector by 2030. The complexity and number of energy tariffs available for consumers will be reduced, and bills simplified, to deliver on the Prime Minister’s commitment to help consumers get the cheapest tariff available. Clauses were also tabled to grant Government powers to set a 2030 decarbonisation target range for the electricity sector in 2016, once the Committee on Climate Change has provided advice on the level of the 5th carbon budget, and when the level of this carbon budget is set in law. Setting a decarbonisation target range in 2016 would ensure that the range is set in the context of considering the pathway of the whole economy towards the 2050 target, and in a way that minimises costs both to the economy, and to bill payers. Prior to this, Government will issue guidance to the National Grid on an indicative range of decarbonisation scenarios for the power sector in 2030 consistent with achieving the 2050 target at least-cost.

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