CCGT plants help balance the market during price spikes

CCGT plants help balance the market during price spikes

CCGT plants help balance the market during price spikes: January saw the day-ahead baseload power price (for a 24-hour period) reach £100.0/MWh or higher on seven separate occasions including four consecutive days between 11 and 14 January, while imbalance prices reached a record high of £4,000.0/MWh. During this time, the vast majority of offer volumes…
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UK-French interconnector runs with low carbon electricity

UK-French interconnector runs with low carbon electricity: A new interconnector that conducts low carbon electricity to flow between the UK & France by way of a 149-mile underwater power cable, has went into action. The Interconnexion France-Angleterre 2 (IFA2) extends near the seabed among Hampshire in the UK & Normandy in France. The cable has…
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Capacity Market

Cornwall Insight on Capacity Market prequalification

Cornwall Insight on Capacity Market prequalification: On 11 December the EMR Delivery Body (National Grid ESO) published the prequalification registers for the T-1 (2021-22) and T-4 (2024-25) Capacity Market (CM) auctions. The headline figure from the prequalification register is 54.0GW of de-rated capacity has prequalified for the T-4 auction against a target of 41.2GW. However,…
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National Grid starts 149 mile undersea cable

National Grid starts 149 mile undersea cable: The National Grid has launched a brand-new under sea power cable to France which has the potential to power 1 million homes with renewable energy. Running adjacent to the sea bed between Portsmouth, Hampshire UK and near Caen, Normandy, the 149 mile length of power cable will eventually…
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