Capacity Market

The Electricity System Operator warns margins between electricity supply and demand will be tight this evening

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