Capacity Market
The Electricity System Operator says low levels of wind, generational outages and the balance of imports and exports are to blame for the impending power shortage
The Commission found the extension of the two measures is necessary for a limited period of time, in view of the ongoing reforms in the Greek electricity market
She is the Managing Director of the Natural Resources Division at Costain, where she is responsible for the continued development of the energy, water and defence markets
They include the T-1 auction planned for January 2021 and the T-4 auction for February 2021
The King’s Lynn power station will receive capacity payments until 2035 under a 15-year contract, which starts in October 2020
The Commission said it did not find any evidence that the scheme would put demand response operators or any other capacity providers at a disadvantage with respect to their participation in the scheme
Once developed, 1.8GW of capacity would be available from October 2023
The Low Carbon Contracts Company and the Electricity Settlements Company were established to help deliver the Contracts for Difference and the Capacity Market schemes
The news follows German electric utility RWE’s announcement to close its 1.56GW coal plant in Wales next March
The Aberthaw B power station, which directly employs around 170 people, will be closed on 31st March 2020
Popular Posts
-
Go Compare buys Dragons’ Den energy switching business
-
Frankfurt breaks ground on fuel station for ‘world’s largest’ fleet of hydrogen trains
-
New benefit to help families of disabled children with heating costs
-
Energy majors partner to speed up offshore CO2 transport and storage infrastructure
-
Scientists develop innovative white paint they claim could replace air conditioners
-
US startup unveils battery made from nuclear waste that could last up to 28,000 years
