Capacity Market Auction Launched
Moves to ensure British energy customers have electricity any time they need it come a step closer with the launch of Capacity Market Auction. The Auction, run by National Grid, will incentivise investment into an adequate amount of existing and new power generation at the lowest cost to consumers.
Lawrence Slade, chief executive of Energy UK said:
“It is vital Britain has enough electricity capacity in the system so we can supply customers with power when it is needed.”