Read the latest energy policy updates and what it means for your organisation below.
With capacity margins at their lowest levels for a decade, and the Government keen to promote new gas capacity, the outcome of the next capacity auction due in December is eagerly anticipated.
The December 2015 Capacity Auction cleared at £18/kW (2014-15 prices) with 46.354 GW of capacity secured for delivery in 2019-20. This briefing note analyses the results and the implications for the GB electricity market.
The UK is now aiming to be the first major European country to exit unabated coal fired generation. In spring 2016, DECC will consult on ending the use of unabated coal plant by 2025, with restrictions on use in place from 2023.