The big surprise of the inaugural Capacity Market (CM) auction was the large number of small gas and diesel-fuelled plants that sought – and won – contracts, mostly as new-build suppliers.
George Grant is managing director of Stag Energy, and a director of Watt Power, which has two peaking gas-fired plants with development consent orders that can join this year’s auction.
Prequalification for this second Capacity Market (CM) auction closed slightly later than planned, on 28 August.
The biggest problem the EU faces in developing its internal energy market (IEM) is the “level of interest in linking up,” Miguel Arias Canete, commissioner for energy and climate change, told delegates at Eurelectric’s annual conference.
The UK’s Capacity Mechanism and auction for Contracts for Difference are “prioritising short term gains over long term planning”.
Why seek large CCGTs? UK Power Reserve is providing exactly what the giverment wants: flexible gas-fired capacity in the form of distributed generation, its chief executive tells Janet Wood.
November's inaugural Capacity Market auction was the start of a new measure for in the GB electricity market. New Power polled industrywatchers and asked for their opinions on the auction and its outcomes.
“Does an EU Member State trust that another Member State will not close its borders in an emergency?” That was how Florian Ermacora, head of wholesale markets at DG Energy’s electricity and gas unit, summed up a key question that arose again and a
There is a raft of options for bringing the demand side into managing the electricity network. They have policy attention, but there is a way to go to turn that into effective action, Flexitrixity's founder tells Janet Wood.
Our energy system is becoming increasingly part of a European market and we expect it to become more so as new electricity interconnectors allow GB to import and export much more power. But do our neighbours share our coming 'margin crunch' and will their needs fit with ours? Sian Crampsie investigated