Popular News From Popular Sites: SSE, Centrica qualify for UK's first electricity capacity auction - National Grid

Friday, October 3, 2014

SSE, Centrica qualify for UK's first electricity capacity auction - National Grid

LONDON (Reuters) - British utilities SSE and Centrica are among companies that have qualified for participating in the country's first electricity capacity auction, auction manager National Grid said on Friday. Britain's largest coal-fired power producer Drax and French state-owned nuclear power producer EDF also qualified for the auction, which is set for Dec. 16. It is designed to ensure enough back-up power is available to complement intermittent renewable energy sources and will allocate 50.8 gigawatts (GW) of power capacity for the winter of 2018/19. ... Read More http://ift.tt/1vkR6ea

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