Capacity Market
The Low Carbon Contracts Company and the Electricity Settlements Company were established to help deliver the Contracts for Difference and the Capacity Market schemes
The news follows German electric utility RWE’s announcement to close its 1.56GW coal plant in Wales next March
The Aberthaw B power station, which directly employs around 170 people, will be closed on 31st March 2020
The proposed changes are intended to ensure existing capacity or DSR components that do not comply with the limits cannot receive capacity payments from 2025
The changes will prevent coal plants from taking part in the auction, with the first one scheduled to take place later this year
It will support combined heat and power installations connected to the district heating networks in Poland
National Grid Electricity System Operator was told to rearrange the postponed T-1 auction ‘as soon as reasonably practicable’
Tempus Energy argues the government has a legal duty to halt the scheme following its suspension by the EU Court
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