The cost of the new Capacity Market (CM) is "unbelievably sensitive" to a range of factors in the bids submitted to the process, including the number of years used to recover costs, electricity prices and prices bid into the auction, Dan Roberts o
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The Select Committee on Energy and Climate Change has opened a new inquiry into the implementation of electricity market reform (EMR).
It will ask:
In December the attention of the renewables industry will be focused on the government’s inaugural Contracts for Difference allocation round.
The total administration costs of the Low Carbon Contracts Company (LCCC) and the Electricity Settlements Company (ESC) will add on average 18 pence to household bills in 2015/16, according to estimates set out for consultation by Decc.