London — EU negotiators have informally agreed a 550g CO2/kWh emission limit for new power plants taking part in capacity mechanisms, likely to apply during 2019, as part of a draft accord on the EU’s new power market design regulation. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Existing plants allowed capacity fees till mid-2025 Grandfathering allowed for pre-2020 contracts Draft accord needs formal EP, Council approval Power plants starting commercial operation after the regulation enters into force — likely to be around mid- to late-2019 – with emissions higher than this limit will not be allowed to take part in capacity mechanisms, the EU Council said Tuesday after talks with European Parliament negotiators. Existing power plants emitting more than 550g CO2/kWh and 350kg CO2 on average per year per installed kW will be able to take part in capacity mechanisms until July 1, 2025, […]