The first capacity market auction covering Great Britain’s electricity sector took place in December 2014. Although hailed a success, the auction design likely will evolve as policymakers evaluate whether reliability has been delivered at the least overall cost. In this article, the authors discuss capacity market design, challenges, and the key outcomes from the auction. To read the article, click the link below.
Seeing what sellers miss—a constructive approach to utility M&A in an age of increasing uncertainty
CRA’s Jim McMahon highlights how consolidation in the utility sector is accelerating due to increased uncertainty and the influx of private capital, but the...