Britain’s auction for electricity capacity clears at highest ever price

The clearing price of £75 per kW per year surpasses the previous record of £45 which was set last year

Next Capacity Market auction planned for June

National Grid Electricity System Operator was told to rearrange the postponed T-1 auction ‘as soon as reasonably practicable’

Top-up capacity market auction planned for next summer

BEIS reiterated it is ‘working closely’ with the European Commission on the necessary steps for the scheme to be investigated ‘as quickly as possible’