CRA consultants Simon Ede, Ana Barillas and Knight Sukthaworn discuss the recent ruling by the General Court of the European Union to annull the European Commission decision’s state aid approval for the GB capacity market arrangements. The Court made the decision primarily on the ground that the Commission had not properly assessed the impact of the market rules on demand-side response operators. The paper highlights the immediate effects of the ruling and the impact on current capacity holders and the outlook for GB power prices.
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Ukraine War and five lasting changes for the energy sector
The war in Ukraine is creating geopolitical, social, and economic disruption in the energy sector and beyond, just as the world is beginning to recover from...