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CCGT
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Energy storage and flexibility
Out with the old, in with the new: T-4 Capacity Market clears at record price
On 21 February, the T-4 Capacity Market auction for Delivery Year 2026-27 cleared at a record high price of £63.00/kW/year, procuring 43,000.955MW of capacity. In this week’s 'Chart of the week', we explore the key takeaways from the auction.
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Low carbon generation
Chart of the week | What might compete in upcoming Capacity Market auctions?
The next round of Capacity Market (CM) auctions are set to take place in March 2021, starting with the T-1 (Delivery Year 2021-22) on 2 March followed by the T-4 (Delivery Year 2024-25) on 9 March. The prequalification window for these auctions have been open since 20 July 2020 and...
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Low carbon generation
Chart of the week | Tell Sid – Gas assets for sale
In a week when Iberdrola is rumoured to be interested in selling 2GW of CCGT in GB. We look at the recent change of ownership in this important segment of the generation market. In 2012, when the process of Electricity Market Reform got underway, the Big Six owned (or in...
