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


Posted on

31 December 2014