Energy minister sets out parameters for next capacity auctions

They include the T-1 auction planned for January 2021 and the T-4 auction for February 2021

RWE buys 382MW gas power plant from Centrica

The King’s Lynn power station will receive capacity payments until 2035 under a 15-year contract, which starts in October 2020

EU approves UK’s Capacity Market scheme

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

UK Government approves Drax gas conversion plans in Yorkshire

Once developed, 1.8GW of capacity would be available from October 2023

New chair to lead key electricity sector delivery bodies

The Low Carbon Contracts Company and the Electricity Settlements Company were established to help deliver the Contracts for Difference and the Capacity Market schemes

SSE secures capacity contracts from RWE’s Aberthaw B coal plant

The news follows German electric utility RWE’s announcement to close its 1.56GW coal plant in Wales next March

RWE to shut coal-fired power plant in Wales next year

The Aberthaw B power station, which directly employs around 170 people, will be closed on 31st March 2020

Capacity Market: Government consults on emissions limits

The proposed changes are intended to ensure existing capacity or DSR components that do not comply with the limits cannot receive capacity payments from 2025

EU approves new emissions limits in Italian capacity market scheme

The changes will prevent coal plants from taking part in the auction, with the first one scheduled to take place later this year

Government lowers target capacity for delayed T-1 auction

It has been reduced from 4.6GW to 2.7GW