Record low clearing price for capacity market auction sparks questions over scheme's future

Madeleine Cuff
clock • 5 min read

Do we have a capacity problem, or a flexibility problem, on the UK grid?

The latest capacity market auction, which contracts extra power for delivery to the UK grid for 2021-22, has this week cleared at a record low price, prompting fears it may prove redundant as a mechanism...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

'Largest ever': Zenobē breaks ground on 800MWh battery storage project in Scotland

'Largest ever': Zenobē breaks ground on 800MWh battery storage project in Scotland

Battery storage developer estimates Eccles project will help cut consumer bills by £309m over 15 years

clock 18 March 2025 • 3 min read
 North Lincolnshire Green Energy Park gets green light

North Lincolnshire Green Energy Park gets green light

Project includes energy from waste facility that could generate enough low carbon power for 221,000 homes

clock 17 March 2025 • 3 min read
SSE and Scottish Water Horizons unveil wastewater heat network plans

SSE and Scottish Water Horizons unveil wastewater heat network plans

Organisations join forces to explore sustainable heating solutions that can 'unlock the hidden value' in Scotland's water infrastructure

clock 13 March 2025 • 2 min read