Why Investors Are So Reluctant To Build New CCGT Capacity


By Paul Homewood

n-power.REUTERSRebecca Naden

RWE npower’s Pembroke Power Station in Wales

There are three very good reasons why the energy industryis so reluctant tobuild new CCGT power stations.

The first has been well discussed and concerns the problems of competing with subsidised renewables.

But there are two other factors, which have received less attention.

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