How Long to Read Draft Energy Bill

How Long Does it Take to Read Draft Energy Bill?

It takes the average reader 1 hour and 30 minutes to read Draft Energy Bill by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Assuming a reading speed of 250 words per minute. Learn more

Description

In the biggest shake-up of the electricity market since privatisation, the Energy Bill will introduce a new system of long-term contracts to give power companies a guaranteed price for the low-carbon electricity they produce. This is intended to reduce the risk of investment in projects with high up-front capital costs, such as nuclear reactors and offshore wind farms. Initial consultation last year led investors to believe that the "Contracts for Difference" (CfD) would be guaranteed by the State - therefore lowering the cost of capital. But the Treasury has apparently intervened to ensure that the contracts are not government guaranteed. The new model for contracts will spread the liability across various energy companies instead; raising concerns that the plans are now too complex and possibly not legally enforceable. The MPs are calling on the Government to use its AAA-credit rating to underwrite the new contracts in order to keep the costs of energy investment down for consumers. The Committee heard that the spending cap set by the Treasury - which limits the green levies that can be passed on to consumers in energy bills - could introduce an "unacceptable" level of risk to companies who are looking to build new wind, solar, wave or tidal power plants, creating uncertainty amongst investors about which projects will receive support. This is already having an impact of investment decisions and could paradoxically push-up energy costs for consumers. The Committee says that the Government must come up with a stronger contract design before the Bill is expected to be introduced to Parliament in the autumn

How long is Draft Energy Bill?

Draft Energy Bill by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee is 90 pages long, and a total of 22,500 words.

This makes it 30% the length of the average book. It also has 27% more words than the average book.

How Long Does it Take to Read Draft Energy Bill Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 2 minutes to read Draft Energy Bill aloud.

What Reading Level is Draft Energy Bill?

Draft Energy Bill is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Draft Energy Bill?

Draft Energy Bill by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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