Energy Jargon Explained
The previously posted Committee on Climate Change Report on Household Energy Bills has a useful box with a quick explanation of different commonly used energy policy terms. I’ve found energy policy to contain some of the most unjustifiably inscrutable jargon, so I thought it was worth reproducing this box in full. This is on page 5 of the report.
Health warning: the descriptions for ECO, the Carbon Floor Price and for Electricity Market Reform are probably a little optimistic.