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| Long title | An Act to make provision for the setting of a decarbonisation target range and duties in relation to it; for or in connection with reforming theelectricity market for purposes of encouraging low carbon electricity generation or ensuring security of supply; for the establishment and functions of the Office for Nuclear Regulation; about the government pipe-line and storage system and rights exercisable in relation to it; about the designation of a strategy and policy statement; about domestic supplies of gas and electricity; for extending categories of activities for which energy licences are required; for the making of orders requiring regulated persons to provide redress to consumers of gas or electricity; about offshore transmission of electricity during a commissioning period; for imposing fees in connection with certain costs incurred by the Secretary of State; and for connected purposes. |
|---|---|
| Introduced by | Ed Davey MP,Secretary of State for Energy and Climate Change (Commons) Baroness Verma (Lords) |
| Territorial extent | England, Wales, Scotland |
| Dates | |
| Royal assent | 18 December 2013 |
| Other legislation | |
| Relates to | Energy Act 2010 |
Status: Amended | |
| History of passage through Parliament | |
| Text of statute as originally enacted | |
TheEnergy Act 2013 is anAct of theParliament of the United Kingdom, relating to the energy sector. It succeeded theEnergy Act 2010. The Act focuses on settingdecarbonisation targets for the UK, and reforming the electricity market. The Act was intended bySecretary of State for Energy and Climate ChangeEd Davey to "attract investment to bring about a once-in-a-generation transformation of our electricity market".[1]
The Energy Bill was introduced by the government in theHouse of Commons forfirst reading on 29 November 2012,[2] and passed a vote at third reading with cross-party support on 4 June 2013. The Bill received Royal Assent on 18 December 2013.[3][4]
The Act aims to maintain a stable electricity supply ascoal-fired power stations are retired.[1] This includes facilitating the building of a new set ofnuclear power stations and the establishment of a newregulator, theOffice for Nuclear Regulation.
The act proposed a delay in setting decarbonisation targets under theClimate Change Act 2008, until 2016. Businesses and analysts criticised the uncertainty this caused for investors, notablyBalfour Beatty[5] andErnst & Young.[6] Conservative MPTim Yeo and Labour MPBarry Gardiner tabled amendments to the Bill to reinsert a 2030 decarbonisation target for the power sector by 2014.[7][8]
The act also enabled the government to privatise theGovernment Pipelines and Storage System.
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