Japan's Electricity Business Act, however, doesn't allow foreign companies to supply electricity in Japan.

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"This report highlights how imperative it is for the government to act now and introduce electricity market reform that ensures the programme of new nuclear build and other vital energy infrastructure projects, such as carbon capture and storage, are attractive enough to secure the long-term investment they require, " said Prospect general secretary designate Mike Clancy.

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The DRIVE Act would also help make electricity a widely used transportation fuel by encouraging the accelerated introduction of plug-in hybrids.

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HiPerforma is made with a solar cell technology called Pluto, which creates ultra thin copper lines that act as highways to transport the electricity produced by the cells.

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This typically means utilizing existing EPA Clean Air Act authority to regulate carbon emissions from electricity generation plants.

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"However, I am confident that the Utility Regulator will act in the best interest of consumers and pass on any electricity price reductions as quickly as possible, " she said.

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Depressingly, the first act of the new Congress government in Andhra Pradesh was to restore free electricity to some farmers.

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Namely, that nanotubes can act as semiconductors, enhancing the ability of solar cells to convert sunlight to electricity.

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Labour said this was a "humiliating failure" for the Lib Dems, who wanted gas banished from the electricity system almost entirely by 2030 to reduce CO2 emissions in line with the Climate Change Act, although gas will be needed as a back-up.

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