T-4 capacity auction clears at record high price

The four-year-ahead (T-4) Capacity Market auction has cleared at a new record high price of at least £60/kW/yr. According to National Grid Electricity System Operator (ESO), the descending-clock auction for delivery starting in 2026/27 cleared in the third round covering the price range £60-65/kW/yr.

This content is for members only. Please click here to view the full article.