National Grid ESO’s Winter Contingency Contracts with coal power stations are set to cost between £340 million and £395 million, subject to the procurement and use of the coal.
Uniper is the latest company to reach an agreement with the UK Government to keep a coal-fired power plant online throughout the winter months in order to mitigate the impact of the ongoing energy crisis.
In this week’s edition of our Current± Price Watch series – powered by LCP Enact – we take a look at the concern around interconnector availability over the upcoming winter and the role this could have on keeping the lights on.
EDF has agreed to keep its coal-fired West Burton A power plant running through the upcoming winter amidst the ongoing uncertainty in the energy sector.
Secretary of state Kwasi Kwarteng has called on National Grid Electricity System Operator (ESO) to explore options for bolstering energy security ahead of the winter, including utilising more coal.
COP26 president-designate and ex-energy secretary Alok Sharma has called for an end of international coal finance in a speech marking six months till the international climate conference.
