An auction to ensure the UK has sufficient back-up power is poised to attract record prices, which could bolster the nation’s reliance on natural gas just as it’s trying to decarbonize.
The government has opened a new consultation on changes to the UK’s Capacity Market (CM), including proposals that would significantly tighten the emissions limits on fossil fuel plants by the middle of next decade.
A European court ruling against the Government's payments scheme to power plants to keep the lights on in winter does not put supplies at risk, Business Secretary Greg Clark said.
Scotland's Energy Minister Fergus Ewing has said the UK Government has failed to keep the country's power stations open and protect energy security after Westminster brought forward plans to ensure there is enough electricity to meet peak demand.
