Capacity Market
After three days of bidding, the 2016 capacity auction for the delivery year 2020/21 finally cleared at £22.50 / kW / yr, a higher price than the two previous auctions which cleared at £19.40 / kWh / yr and £18.00 / kW / yr. [...]
The Capacity Market went live on 1 October. This marks the start of a 12-month transition period, and covers only about 1-2% of the system (0.4-0.8 GW this year and 54 GW expected in 2017/18), mostly small generators up to 20 MW and DSR [...]
Transmission systems are key to delivering security of supply and yet tend to be treated as an afterthought - note for example Germany's massive deployment of renewables in the north of the country without a corresponding investment in the necessary transmission capacity to deliver it [...]
Last week the Daily Telegraph reported that Sainsbury’s, the second largest supermarket in the UK, has built a series of gas-fired generators due to its concerns over security of supply. The article quotes Paul Crewe, head of sustainability at the company, who said that [...]