Energy firm which operates most of UK nuclear power plants could undercut competitors at auction launch capacity market
EDF, which operates most of Britain’s nuclear power stations, could be in line for an £800m windfall via a loophole in a government subsidy scheme aimed at keeping the lights on at times of peak demand.
Ed Davey, the energy and climate change secretary, last week outlined his plan to pay power plants to be on standby from 2018 in an effort to deal with peak demand and the intermittency of wind power.