RE: LowRisk2 Mar 2016 18:03
Don't think the company will comment. This is pure speculation.
Here is the section on diesel ;
Diesel
DECC said it has received a number of complaints that diesel engines have “unfair advantages” in the Capacity Market due to how they are treated in the main energy market.
It follows a report launched last year which reveealed owners of diesel generators could make “excessive” profits at the expense of billpayers as a result of the auction.
Earlier this year Energy Secretary Amber Rudd confirmed householders will see their energy bills rise following the government’s decision to award £175 million in public subsidies to support diesel generators.
DECC added: “We think there may be merit in these concerns and reasons why it could be hoped but also expected that diesel will play a smaller role in future.
“There are concerns over the potential impact on local air quality. The CM is technology neutral and as such any type of technology is allowed to participate provided it is otherwise in compliance with relevant legislation – so it would not be appropriate to set specific emission limits within the CM eligibility criteria.”
However it said it plans to take “swift and appropriate action to avoid any disproportionate impact on air quality from diesel engines via new environmental legislation”.
The Department for Environment, Food and Rural Affairs (Defra) is to consult on options later this year, which would set binding emission limits on relevant air pollutants from diesel engines.
The government aims to have legislation in force “no later than January 2019”.
Ms Rudd said: “The Capacity Market has driven down costs and secured energy at the lowest possible price for bill payers but I’m taking further action to tackle the legacy of underinvestment and ensure our country’s long term energy security. By buying more capacity earlier we will protect consumers and businesses from avoidable spikes in energy costs.
“We’re also sending a clear signal to investors that will encourage the secure and clean energy sources we need to come forward – such as gas and interconnectors – as part of our long term plan to build a system of energy infrastructure fit for the 21st century.”
So - looking carefully at this there is no acknowledgement of companies like Plutus who will move to bio diesel. Indeed , this whole statement is one of politics with little basis in fact. So they are going to give capacity mechanism to higher priced opposition? Give me a break!!
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