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Capacity Market secures record year-ahead power
The latest year-ahead Capacity Market auction has delivered a record amount of contracted back-up power. The results of the T-1 capacity market auction for 2023-24 show that 5.8GW of capacity has been secured, with a clearance price of £60/kW - the second highest in a T-1 auction. Among the talking points from the auction were the success of nuclear plants and the extension of a coal power station unit's life, which one analyst said was a sign that "coal is not dead … yet”.
2 years ago

Centrica posts £3.3bn profit
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Investors’ faith in Ofwat’s independence slides
2 years ago

Suppliers deliver £8.5bn in savings through ECO3
2 years ago

SVT acquires anaerobic digestor business
2 years ago

Brightwater acquires Blue Business Water
2 years ago

CFO Outlook 2023
2 years ago

Ofgem extends Market Stabilisation Charge again
2 years ago

Shell reports record £32.3bn profit
2 years ago

Octopus chief: ‘We could have made a profit’
2 years ago
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