Energy bills will remain significantly higher for at least the next six years as gas-fired power stations age and as the construction of new nuclear plants is delayed, a new analysis has suggested. The price paid to electricity generators to maintain a stable supply will be at a minimum of £51 per kilowatt annually until the end of the decade, Cornwall Insight has forecast, substantially more than the present rate of £18 per kilowatt. The capacity market scheme pays conventional … read more »
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