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The UK Capacity Market – Auction results

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The UK Capacity Market – Auction results

Is the Capacity Market slowing UK power decarbonisation? Read our analysis.

“With £293m being paid to old coal, the capacity market looks more like a subsidy scheme to keep heavy polluters online, rather than as a mechanism to encourage new investment – only 5% of auction revenues will go to new investment. It seems the capacity mechanism is actually slowing decarbonisation of the UK power sector.” – Dave Jones, Sandbag

Skills

Posted on

December 31, 2014