2010/12/16

(BN) U.K.’s Move to Fixed-Price Power Provides Certainty, CCC Says

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U.K.'s Move to Fixed-Price Power Provides Certainty, CCC Says
2010-12-16 13:05:24.307 GMT


By Mathew Carr
Dec. 16 (Bloomberg) -- U.K. electricity market reforms
including long-term fixed price contracts for power generated by
low-carbon sources could provide investors with "much needed
certainty," Climate Change Capital Ltd. said.
The proposals may make low-carbon power generation more
attractive than traditional methods that contribute to global
warming, according to a statement by James Cameron, the vice
chairman of Climate Change Capital, an investor in emission-
reduction projects.

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To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net

To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or
sev@bloomberg.net