National Grid ESO has warned of tighter margins than usual due to a mix of low wind and generator outages.
The latest T-1 Capacity Market (CM) auction has cleared at £1.00/kW/y, with just two storage assets winning contracts, prompting renewed questions over the benefits of running such auctions.
Capacity providers have received £1 billion in deferred Capacity Market (CM) payments, the Electricity Settlements Company (ESC) has said.
A UKPN trial aiming to alleviate capacity constraints has freed up 95MW through the use of new technology.
This week’s T-1 Capacity Market (CM) auction cleared at a record low clearing price of just £0.77/kW, with just one new build battery storage project winning a contract.
National Grid has recommended that targeted capacity for both the T-1 2018/19 and T-4 2021/22 Capacity Market auctions be cut.