In a new report called Getting Interconnected, Policy Exchange says that foreign power plants should be allowed to compete for subsidies in the UK government’s new capacity market, due to be launched later this year.
Policy Exchange argues that such an approach would also help to reduce the overall cost of decarbonising the UK’s power grid.
The report suggests that purchasing zero-carbon electricity generated by such countries as Iceland and Norway would be cheaper than subsidising home-grown green power sources.
The
