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25 October 2016

Hinkley Point C – Obstacle to UK gas-fired power investment?

The UK’s post-Brexit government appears to be doubling down on its commitment to diversify the country’s energy supply mix. First came the green light for EDF’s controversial nuclear power project, Hinkley Point C, then a Westminster-led planning decision to allow fracking at a site in the north of England. Meanwhile, gas-fired power generators await the first capacity market auction since the government’s reforms were implemented, in the hope that they will yield the new-build CCGTs necessary to widening the UK’s tightening reserve margin and meeting its carbon goals. In the first of a two-part series, Gas Matters considers what these key developments mean for gas-fired power.

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