DECC proposes changes to Capacity Market auction

A mechanism that aims to ensure the UK has enough power capacity in the coming winters could be brought forward by a year. It is part of DECC’s latest package of reforms to the Capacity Market (CM), which it claims will “guarantee the nation’s long term energy security, tackle the legacy of underinvestment and deliver […]

Reactions to second power capacity auction

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Gas triumphs in UK power auction payout

The UK has secured 46.35GW of extra power capacity for 2019/20, with gas accounting for a majority share. The news comes after Energy Secretary Amber Rudd said gas-fired power plants would replace coal as the latter will be phased out by 2025. The second Capacity Market auction, which ensures there is enough electricity supply to […]