Page 1 of 5
Hear Chris Smith, Head of Renewable Sales, discussing our upcoming webinar for generators. In the webinar, we will cover: Power prices and what factors are impacting them Choosing the right PPA for your risk strategy Key trends and issues to look out for in 2018 > Register for the webinar here
14 02 2018
Blog - 14 February 2018
The Capacity Market T-4 auction cleared at £8.40/kW/year, a significant fall from the £22.50/kW seen last year. The auction secured 50.4GW of capacity for Winter 2021/2022, with existing generation winning the lion’s share. The biggest winners were existing CCGT gas (23GW) and nuclear (7.9GW), and interconnectors also fared well with 4.6GW of capacity, including 2.15GW of new build. Pre-auction expectations around the clearing price from industry experts had ranged from £25/kW/year to £17/kW/...
13 02 2018
News article - 13 February 2018
After a three-day auction of fourteen rounds, the Capacity Market T-4 auction cleared at £8.40/kW, a significant decrease from last year’s £22.50/kW. Boz Bozhkov, Head of Markets, comments on the provisional results. The Capacity Market T-4 auction closed yesterday at £8.40/kW/year, securing 50.4GW of capacity for Winter 2021/2022. Existing generation won the majority of this capacity. The pre-auction price expectations from industry experts ranged from £25/kW/year to £17/kW/year, however the ...
09 02 2018
Blog - 9 February 2018
The T-1 Capacity Market auction for delivery of power next winter cleared at a record low of £6/kW/year. Some 10.6GW of capacity, more than double the available 4.9GW, competed in the auction which eventually saw 5.8GW of secured capacity for Winter 2018/2019. The clearing price compared to the £6.95/kW/year seen last year. Demand Side Response (DSR) won a total of 430.5MW capacity, 7.45% of the total procured. SmartestEnergy secured 160MW of the total unproven DSR contracts awarded. Battery...
06 02 2018
News article - 6 February 2018
After a three-day auction of fourteen rounds, the Capacity Market T-1 auction cleared at £6/kW/year, the lowest price to date. Boz Bozhkov, Head of Markets, comments on the provisional results. The Capacity Market T-1 auction closed yesterday at £6/kW/year, securing 5.8GW of capacity for Winter 2018/2019. The final clearing price was higher than we expected, however it is still the lowest we have ever seen and surprisingly close to last year’s price of £6.95/kW/year. We predicted the price wo...
02 02 2018
Blog - 2 February 2018