DECC consults to encourage innovation in energy
Source: Energy Live News
A new consultation to ensure regulation in the energy industry encourages innovation has been launched.
DECC aims to find out how effective the current policies are in boosting innovation, focusing on its activities as well as that of the Oil and Gas Authority.
It is seeking specific responses on how legislation and enforcement frameworks can help support new technologies and business models to encourage growth and how innovation is likely to shape the energy industry.
It is also inviting views on how regulators could better utilise new technologies to generate efficient savings and reduce burdens on businesses.