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Reuters
Reuters
Business

UK outlines electricity capacity market reforms, incentivising clean suppliers

Britain Graham Stuart Electricity
FILE PHOTO: Electricity pylons are seen in Wellingborough, Britain, March 30, 2022. REUTERS/Andrew Boyers

Britain announced new proposals on Monday aimed at avoiding electricity blackouts and incentivising greater investment in low carbon technologies.

The so-called capacity market ensures there is reliable electricity supply to meet peaks in demand, safeguarding against the possibility of blackouts if intermittent sources such as those dependent on weather, are not generating enough.

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