Sweden overtakes France as Europe’s biggest net power exporter
Sweden overtook France as the biggest net exporter of power in Europe during the first half of this year.
Sweden overtook France as the biggest net exporter of power in Europe during the first half of this year.
The GB market does not have sufficient capacity this winter to avoid some significant high-price events in the market.
Tees Tech company of the year and expansion plans.
The UK government’s plan for net-zero by 2050 also relies on nuclear power as a key component, with one of the future energy scenarios from National Grid ESO estimating over 17GW of nuclear by 2050, more than double the ~8GW today
With the T-1 auction target set at higher than the pre-qualified capacity, all the capacity is set to clear at the maximum price of £75/kW/yr.
This year’s T-4 Capacity Market Auction for delivery year 2024-25 has cleared at an all-time high price of £30.59/kW/year following the previous record in the T-1 auction of £75/kW
A record high clearing price of £75/kW/yr in the Capacity Market auction for 2022/23 brought 1.4GW of new build capacity into the market and secured ongoing operation of 3.1GW existing units
France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on imports at the beginning of winter.
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