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UK outlines electricity capacity market reforms, incentivising clean suppliers

News 15:05 09 Jan, 2023
UK outlines electricity capacity market reforms, incentivising clean suppliers

Britain announced new proposals on Monday aimed at avoiding electricity blackouts and incentivising greater investment in low carbon technologies, Qazet.az reports.

The so-called capacity market ensures there is reliable electricity supply to meet peaks in demand, safeguarding against the possibility of blackouts if intermittent sources such as those dependent on weather, are not generating enough.

Security of energy supply has become a more urgent political issue in light of threats to long-term gas supplies across Europe following Russia's invasion of Ukraine.