| answer text |
<p>The implementing secondary legislation for Electricity Market Reform (EMR) is currently
being finalised. It is the Government's intention that these regulations will be laid
before the House at the beginning of June 2014 and published concurrently.</p><p>
</p><p>The regulations will then be scrutinised by both the JCSI (Joint Committee
on Secondary Legislation) and the SLSC (Secondary Legislation Scrutiny Committee).
Should the regulations be approved by the committees, then Business Managers in both
Houses will be asked to schedule scrutiny debates. Once debated, approval motions
will be tabled in both Houses.</p><p> </p><p>Subject to the will of Parliament, it
is intended that the Regulations will come into force around 1 August 2014.</p><p>
</p><p>Additionally at the beginning of June, the Government will publish the response
to four consultations:</p><p>· Electricity Market Reform: Consultation on Proposals
for Implementation (October 2013)</p><p>· EMR: Consultation on industry code and licence
modifications (January 2014)</p><p>· EMR: Contracts for Difference Regulations - Consultation
on Directions to Offer Contracts for Difference (March 2014)</p><p>· EMR: Consultation
on Balancing and Settlement Code subsidiary documents (April 2014)</p><p>We will also
publish an accompanying handbook setting out the final detailed policy of EMR, titled
<em>Implementing Electricity Market Reform. </em></p><p>The publication of this information
alongside the laying of legislation provides certainty to industry on final EMR policy
design and keeps EMR on track for delivery this year.</p><p> </p><p> </p>
|
|
