E3G Senior Associate Simon Skillings appeared before the House of Commons Energy and Climate Change Committee on 12 October 2010 to give evidence on the role of Emissions Performance Standards in power generation.
Emissions Performance Standards are policy instruments aimed at driving forward lower carbon generation by placing limits on the carbon intensity of power plant emissions.
In his evidence, Simon argued that an EPS can play a key role in providing investors with greater clarity about the volume of the future market opportunity for low carbon generation. This will help encourage the development of supply chains for clean technologies.
The evidence session also covered other key issues such as the relationship to electricity market reform and to the EU Emissions Trading Scheme, international implications and issues on how an EPS should be designed.
