Families will have to pay more for their electricity to fund the development of nuclear and renewable energy, under changes set out in a draft Energy Bill.
The Government is depending on nuclear power as part of its long-term energy strategy and attempts to slash carbon emissions. It needs to increase domestic energy capacity to cut Britain's dependence on imported gas and fossil fuels such as coal. Under the plans, long-term contracts paying a steady rate of return for energy over the lifetime of new low-carbon generators would be introduced. An emissions performance standard to prevent construction of new coal plants which produce too much carbon dioxide is also in the Bill...Read more here: Energy Bill: Consumers To Pay More Under Nuclear Development Plans | Politics | Sky News