Energy UK responds to Capacity Market announcement
Responding to the Government's announcement on changes to the Capacity Market rules, an Energy UK spokesperson said:
"The Capacity Market has successfully guaranteed security of supply at the least cost to the consumer whilst supporting innovation and new technologies. The Government’s planned changes and last week’s prequalification results show the Capacity Market’s continuing development and we welcome the new rules incentivising the deployment of longer duration batteries, which will help enable the smart, flexible future our generation mix requires.
"The prequalified, new-build connected capacity is split almost evenly between large, transmission connected gas plants and smaller, distributed flexible plants and storage. This diverse and healthy mix of planned developments is a positive sign that the UK can continue its low carbon transition in the most economic, secure way possible."