29 March 2024
Uncertainty around UK EMR “greatest barrier” to investment in gas – RWE npower
Publication date: 16 July 2012
Gas Strategies Group
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Uncertainty surrounding UK Electricity Market Reform (EMR) and other regulatory interventions in the wholesale market are creating “the most significant barrier to investment” in new gas-fired power plants, according to RWE npower chief operating officer Kevin McCullough. Speaking to Gas Matters Today in an exclusive interview, McCullough also said a stronger case needed to be made for the proposed capacity mechanism, adding that “existing market arrangements already strongly encourage companies to balance supply and demand”.