The provisional results of the latest T-1 capacity auction in Great Britain were published on Tuesday 15 February, with a total of 4,996GW in capacity contracts awarded to electricity generators at an auction clearing price of £75/kW.
SSE Thermal has provisionally secured contracts for 2,293MW of de-rated* electricity generation capacity for the delivery year 2022/23, which runs from 1 October to 30 September. This includes its Keadby 1 (723MW), Keadby 2 (812MW) and Medway (668MW) gas-fired power stations, as well as its smaller embedded plants at Burghfield (45MW) and Chickerell (45MW). All of SSE Thermal’s other generating units have existing contracts for 2022/23.
The provisional results are subject to confirmation by the Secretary of State for Business, Energy and Industrial Strategy (BEIS).
*A de-rating factor is applied to all capacity according to rules set by the UK Government.