A
report
by
the
House
of
Commons
Energy
&
Climate
Change
Committee
into
the
UK’s
draft
Energy
Bill
says
the
proposals
for
electricity
market
reform
(EMR)
need
reworking
in
several
key
areas.
It
also
laments
the
role
of
the
UK's
Treasury,
its
finance
ministry,
in
shaping
the
process,
which
is
supposed
to
pave
the
way
for
massive
investment
in
renewables
and
a
future
low-carbon
energy
mix.
According
to
Members
of
Parliament
(MPs)
on
the
committee,
the
Contract
for
Difference
(CfD)
mechanism
at
the
heart
of
the
plan
will
fail
to
deliver
the
necessary…
