The UK experience is a poor argument for introducing capacity markets, according to Ralf Wezel, secretary-general of EU Turbines, a European lobby group for gas and steam turbines, and Eugine, which promotes gas engines. “I don’t think it’s a good example,” he said. “Most support has been given to old power plants. There is little new-build gas, demand response or storage.” In comparison, the Carbon Floor Price had been very successful at driving change. It was the most effective UK mechanism, he told New Power.
Monday, October 22, 2018