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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.