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This report carries out the government鈥檚 obligation under聽聽to report annually to Parliament on the policy mechanisms implemented under the Electricity Market Reform programme, which closed in 2015.

The key mechanisms are:

• the Contracts for Difference scheme
• the Capacity Market
• the Electricity Demand Reduction scheme
• the Emissions Performance Standard

They are designed to incentivise the investment required in the UK鈥檚 energy infrastructure and to deliver low carbon and reliable energy supplies, while minimising costs to consumers.