News Archive for June 2012
Jonathan Green gave a presentation to the Nuclear Industry Forum 2012 on the government’s proposed Electricity Market Reform (EMR). He linked changes in the market to shifting policy objectives. The latest reforms are driven by the need to meet CO2 reduction targets. They represent a significant move away from reliance on market mechanisms. Under EMR there will be a series of segmented markets each with prices set by central government at levels that are yet to be decided. There is still a lot of uncertainty facing investors. The future of the largest investments in generation, including new nuclear plant, is likely to be determined in bilateral negotiation with government. This centralisation may ensure that targets are met but the price will be paid by consumers.
EP0W (European Pathway to Zero Waste) has published the executive summary of a report written by Europe Economics on a commodity market for wood waste.
Andrew Lilico writes in City AM about the Mansion House announcements for promoting easier credit
This study has been led by TIS with support from Europe Economics and is intended to inform the Members of the Committee on Transport and Tourism of the European Parliament about security in the air cargo sector, including freight from third countries and express delivery services. To that end, it analyses the security regulations and procedures applied to cargo and mail transported by air within the European Union. It also provides a set of suggestions to improve the current framework for consideration by the Members. The support provided by Europe Economics to the project largely concerned the case study on Heathrow.
Andrew Lilico discusses the Spanish bank bailout with Citywire Global