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E.ON calls for 'timely' intervention to fix power market

01 June 2015 by



Utility companies and politicians have clashed over whether compensation payments are needed by power producers, who have been hit hard by a crisis in the sector as coal and gas-fired power plants continue to be displaced by renewable sources.

Utilities have called on the government to follow Britain and create a capacity market - which compensates utilities for keeping loss-making power plants online as backup.


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