The European Court of Justice (ECJ) has ruled that the European Commission's approval of the UK’s capacity market should have been based on a more thorough assessment and investigation, it said on Thursday.
The commission approved the UK's capacity mechanism – which guarantees fixed payments to power plant operators to ensure security of supply – in July 2014 after it found it was compatible with EU state aid rules.
However, the ECJ said there was a risk the UK's capacity market would fail to...
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