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Power capacity conundrum has potential to turn sour

Differences between the EC and member states on capacity markets illustrate the struggle to co-ordinate EU energy policy and may point towards future battles

Mark Pengelly - Energy Risk

Capacity markets are an idea whose time appears to have arrived. In the European Union, countries are working hard to boost the proportion of their electricity generated by cleaner – albeit intermittent – renewable energy sources. Such countries need reliable on-peak capacity to step in and fill the gap when the wind refuses to blow or the sun fails to shine.

One of the most recent countries to

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