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The four-year-ahead (T-4) Capacity Market for delivery starting in 2025/26 has cleared at a new high of £30.59 per kilowatt per year. One analyst described the auction as a “watershed moment” for the energy industry, with the record-high price reflecting the need to attract investment in new-build capacity to fill the gap left by the closure of coal and nuclear power stations.
3 years ago
This week's round up of coverage from the weekend's newspapers features the mounting pressures government is under to help households facing soaring energy costs as business leaders call for support for customers and businesses alike as the French president's decision to intervene with EDF could impact the UK. Elsewhere, Labour re-ignites calls for re-nationalisation of the water sector
