Investment in Electricity Generation: The Role of Costs, Incentives and Risks

01 May 2007

This Research Report provides an analysis of the link between investment risks in electricity generation and policy design. The issues it discusses are relevant to a wide range of policy developments in the UK and elsewhere. These include ‘banding’ the Renewables Obligation, bringing forward the development of power stations with carbon capture, financial support for nuclear power and the future of emissions trading.