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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

China's clean tech manufacturing dominance is still growing - and the implications for global trade will be era-defining

China's clean tech manufacturing dominance is still growing - and the implications for global trade will be era-defining

A new report from BloombergNEF reveals the true scale of China's dominance of clean tech manufacturing, and asks what it means for a global economy on the brink of a trade war

James Murray
clock 28 April 2025 • 9 min read
Zonal pricing: Ed Miliband stresses he is 'not in favour of a postcode lottery on bills'

Zonal pricing: Ed Miliband stresses he is 'not in favour of a postcode lottery on bills'

But Energy Security and Net Zero Secretary emphasises 'no decision' has yet been made on zonal pricing proposals

Michael Holder
clock 24 April 2025 • 4 min read
Ed Miliband calls for 'hard headed' clean power push to deliver UK energy security

Ed Miliband calls for 'hard headed' clean power push to deliver UK energy security

Energy Security and Net Zero Secretary shares King Charles' message calling for 'shared learning between nations' on clean power transition at opening of two-day London Energy Security Summit

Stuart Stone
clock 24 April 2025 • 4 min read