The success of French nuclear capacity coming back online will be crucial to Europe’s power markets.
Grid has announced two new services for Winter this year. The “Winter Demand Flexibility Service” is a first outing for domestic DSR and is an exciting development.
Sweden overtook France as the biggest net exporter of power in Europe during the first half of this year.
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