Energy storage secures 2.7GW boost, as capacity market auction beats expectations

Michael Holder
clock • 6 min read

Gas power stations won the largest share of the 54GW of deals awarded, as auction clears at a lower than expected £6.95 per KW per year

Energy storage projects are to deliver 2.7GW of back-up power to the grid having secured contracts in the latest capacity market auction for next winter. With contracts provisionally awarded by National...

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