Energy UK responds to T4 Capacity Market auction results
Responding to the T4 Capacity Market auction results, Lawrence Slade, chief executive of Energy UK said:
"This Capacity Market auction clearing low once again proves that competition is successful at providing security of supply at the lowest cost to consumers. This auction along with those preceding it have supported innovative, emerging technologies whilst ensuring we get the best value from existing assets. We will continue to work with government as the Capacity Market evolves, including the possible inclusion of renewables in future auctions, and in the forthcoming review of Electricity Market Reform."