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.
T-4 capacity auction clears at new high of £30.59/kW
