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BEIS to consult on capacity market reform to strengthen supply security

Electricity Pylon

On Monday 9 January, BEIS issued a press release outlining proposals to reform GB’s Capacity Market (CM), ensuring it is fit for a net zero future while ensuring the security of our electricity supply. It issued a consultation for CM reform, and seeks views on strengthening security of supply, aligning the CM with net zero and other improvements to the CM. Energy and Climate Minister, Graham Stuart, said: “The plans set out today will deliver this reliable energy and ensure the scheme that sits at the heart of Britain’s energy security is fit for the future”.

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