U.K. Pays Power Companies Early to Keep the Lights On

GALWAY, IRELAND--March 8, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The looming threat of electricity blackouts throughout the U.K. in the coming years has prompted the government to bring forward its planned power auction payments to encourage electricity suppliers to keep plants running. Within this article: Outlines plans for early payments to power companies by the U.K. government Additional companies: ENGIE (EPA:ENGI), SSE plc (LSE:SSE)