March 5, 2018 Read More →

U.K.’s Capacity Market: Billions of Pounds Wasted

Energy Post:

Britain has chosen to secure electricity supplies through a scheme which pays power plants to be available several years in advance, but falling prices suggest this capacity market is overkill and poor value for money, with ample alternative approaches.

The Institute for Energy Economics and Financial Analysis (IEEFA) recently published a review of how nine countries and regions with exceptionally high levels of wind and solar power have coped with the variability of these power sources.

UK’s capacity market: billions of pounds wasted

Posted in: IEEFA In the News

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