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Capacity Market displays shift to distributed system

The third Capacity Market (CM) auction, for delivery in 2020/21, cleared at £22.50 and has brought forward just 669MW of new large gas turbines. The successful bidders were Centrica’s 370MW King’s Lynn combined cycle gas turbine (CCGT) and a 299MW open cycle gas turbine (OCGT) at Intergen’s Spalding site. 

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