6 May 2024
Capacity payments: a way to keep the lights on?
Publication date: 15 February 2011
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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Capacity payments for new gas-fired power plants, rewarding the availability of power generation capacity, could be a way of guaranteeing backup for the intermittency of power production from renewable energy sources. With this move, security of electricity supply in Europe could be guaranteed, according to Susanne Nies, head of energy policy and power generation unit at Eurelectric, speaking at the European Gas Market Summit visual_editor011 in London today.