Following the suspension of Great Britain’s Capacity Market following a ruling by the European Court of Justice (see here) and some interim actions by the UK’s Business, Energy and Industry Strategy department (BEIS) (see here), the European Commission has lodged an appeal. The appeal is reported here on The Energyst’s web site and also here on the S&P Global Platts web site. The investigation into the market’s structure will continue despite the appeal.
Tempus Energy, who brought the case, have responded to the appeal with this blog post, questioning the motives behind the appeal. Conversely, Lawrence Slade , chief executive of Energy UK has written this article supporting the Capacity Market, and the proposal to continue to collect capacity market payments from suppliers for now, and arguing that although there are issues, the Capacity Market is beneficial to the GB markets transition to a lower carbon generation mix whilst maximising security of supply.