UK's Capacity Market Scheme Illegal
In November the European Court of Justice declared the UK’s Capacity Market Scheme illegal. It’s a pivotal decision with far-reaching consequences for providers and customers alike.
The UK’s Capacity Market has been suspended indefinitely, following the ECJ’s decision that the scheme does not follow EU State Aid rules. As a result, National Grid is not permitted to issue subsidies or to hold capacity auctions for power companies. Auctions that were planned for early 2019 have already been postponed with the T-1 auction now due to take place in Summer 2019, assuming state aid hurdles can be overcome.
This seismic shift in the energy landscape leaves companies and their customers with a lot of unanswered questions. Let’s tackle some of the biggest:
Latest news
ESOS Review: Lessons learnt from previous compliance cycles
Navigating the complexities of regulatory compliance is a daunting task. It becomes even more challenging when coupled with the need to optimise energy consumption and implement sustainable practices.
The month in energy: November 2024
In this article, we’ve picked out the key energy-related news stories coming from the net zero and energy space.
Trident features in the latest issue of Lancashire Business View
As the Energy Partner of Lancashire Business View, Trident were selected to host the latest round table discussion, featuring in the latest issue (119) of the Lancashire Business View magazine.
See how much we could save you
Please call our team on 0345 634 9500 or email us at info@tridentutilities.co.uk.