Coal loses out in latest auction for winter back-up grid supply contracts

Michael Holder
clock • 5 min read

Capacity Market clears at record high price of £45/kW with gas, demand side response, and battery storage projects sweeping up lion's share of contracts

Gas power, demand side response (DSR), and battery storage sites have secured the lion's share of contracts designed to help ensure the lights are kept on during next winter's peak in power demand, after...

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 Energy

Energy professionals raise alarm over clean power 'delivery gap'

Energy professionals raise alarm over clean power 'delivery gap'

Energy industry execs welcome impressive decarbonisation progress, but only 15 per cent are confident emissions goals for 2035 will be met

James Murray
clock 05 December 2024 • 4 min read
'Uphill battle': BNEF warns UK and EU off track to meet 2030 emissions targets

'Uphill battle': BNEF warns UK and EU off track to meet 2030 emissions targets

Analysis of European clean energy transition confirms investment is booming, but further policy interventions are needed if near term emissions goals are to be met

James Murray
clock 04 December 2024 • 5 min read
Study: Interest rate cut for renewables and grid upgrades could save £1.9bn a year

Study: Interest rate cut for renewables and grid upgrades could save £1.9bn a year

A targeted cut in interest rates for green infrastructure projects could save households £24 per year, a new analysis suggests

Stuart Stone
clock 02 December 2024 • 3 min read