AN EU proposal to exclude coal-fired power plants from participating in capacity remuneration mechanisms is facing strong opposition from the industry.
Stakeholder feedback to the European Commission’s mega-package for electricity market reform is now coming in thick and fast. Not surprisingly, a proposal to prevent coal-fired power plants from taking part in capacity mechanisms is proving controversial.
Capacity mechanisms – seen by the EU as a necessary evil to ensure security of supply – reward power plant operators for making capacity available into...
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