Britain announced new proposals on Monday aimed at avoiding electricity blackouts and incentivising greater investment in low carbon technologies.
The so-called capacity market ensures there is reliable electricity supply to meet peaks in demand, safeguarding against the possibility of blackouts if intermittent sources such as those dependent on weather, are not generating enough.
Launching a public consultation on its capacity market proposals, the government said it wanted to introduce new contracts to incentivise cleaner technologies to take part, and also set new timelines for oil and gas producers to reduce emissions for newly-built plants from 2034.
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