Should the situation be even more dire than my noble friend Lord Jenkin suggested, presumably there is nothing to stop the Government running a capacity auction just for the existing plant as a short-term measure. I know the Minister said she does not like it, but should the situation be very bad, or be forecast to become very bad, and the proposals for Ofgem and National Grid are not going to meet the requirement, surely it is perfectly possible to run a capacity auction in which existing plant holders could take part.
Energy Bill
Proceeding contribution from
Earl of Caithness
(Conservative)
in the House of Lords on Tuesday, 23 July 2013.
It occurred during Debate on bills
and
Committee proceeding on Energy Bill.
About this proceeding contribution
Reference
747 c429GC Session
2013-14Chamber / Committee
House of Lords Grand CommitteeSubjects
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2015-03-26 19:34:27 +0000
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