The key issue: The UK is pressing on with new capacity auctions to subsidise power generators, but payments cannot be awarded before a suspension imposed by the EU Court of Justice is lifted.
Interfax analysis: The UK government is hopeful it will have obtained new approval for its capacity payment scheme under EU state aid laws before its next auction, which is planned for January next year. The profitability of gas-fired power plants in the UK could be seriously dented unless the legal issues surrounding...
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