1. Great Yarmouth Power Ltd, International Power plc, Npower Cogen Ltd, RWE Npower plc, Scottish Power Generation Ltd, Scottish and Southern Energy plc.
2. Directive 2003/87/EC (OJ L275 25.10.2003 at 32-46).
3. Directive 1996/61/EC (OJ L257/26 10.10.1996).
4. The first trading period under the EU ETS was from 2005 to 2007. The second trading period, coinciding with the first budget period under the Kyoto Protocol, goes from 2008 to 2012, with an EU-wide cap set at 2.08 billion tonnes. On 23 January 2008, the Commission unveiled an EU ETS legislative proposal for a post-2013 period of trading as part of a larger package on renewable energies and climate change. At that stage, it is likely that the EU ETS will be linked to other regional ET schemes, in the context of a post-2012 Kyoto Protocol implementation phase.
5. The f929m Drax Power group operates the massive 4,000 megawatt power station at Selby, in northern England. It is the largest coal-fired plant in Europe, supplying 7 per cent of the UK's electricity while emitting around 21 million tonnes of CO2every year.