UK Power Reserve said it is “on track to deliver its 2014 capacity market obligations” with nine power stations built so far in 2017 and another nine set for completion by the end of the year. Once all 18 are commissioned and fully operational, UKPR will contribute 364MW of fast-ramp, flexible gas generation to the UK power grid.
‘Continuity in energy policy’ is the top concern of UK energy professionals, surveyed in the EI’s Energy Barometer 2016, with a ‘lack of investment’ a close second. An overwhelming majority of respondents foresee negative effects on the UK energy system – notably on supply security, renewable deployment and energy efficiency - should Britain leave the EU.
Edging closer to finalising a strategy to keep conventional power capacity operational in the future, the German government is aiming for a transnational solution: "We have to develop a capacity [remuneration] mechanism but this has to be developed in a synchronised way with our neighbours. We need an overall system," Uwe Beckmeyer, parliamentary state secretary in the economy and energy ministry said.
As the December date for the first capacity auction is getting closer, eight projects for new gas power stations are competing with existing plants for payments under the subsidy scheme, set to take effect in 2018.
Sept 30 – The third unit and final at Fortum's Nyagan Power Plant in Western Siberia has passed comprehensive and certification tests that precede commissioning, finishing 15 months ahead of schedule.
Capacity payments for 418 MW of the Nyagan CCGTs total capacity of 1,260 MW are scheduled to start under the Russian government's Capacity Supply Agreement (CSA) as of 1 January 2015.
Warning that the UK Energy Bill may not realise the full potential of Combined Heat and Power (CHP) Generation, the British industry association CHPA is calling on policy makers to extend the small scale Feed-in Tariff capacity threshold in addition to the proposed Contracts for Difference (CfD).
Though UK independent power producer InterGen is close to selecting tolling partners for up to 2.1 GW of new gas-fired capacity, the financial investment decision (FID) hinges on securing capacity payments for the plants, it told Gas to Power Journal.
Norway's Statkraft will continue operating its three loss-making gas-fired power plants in Germany, paying some 20 million euros a year to keep them open to support security of supply.
RWE chief executive Peter Terium has brandmarked the economic situation for utilities in Europe as "miserable", underlining utilities expect policy makers to introduce "a functioning and fair market system" for both fossil and renewable energy sources.
Jan 9 – Germany's Christian Social Union (CSU) party wants to take a decision whether to introduce capacity markets for conventional power plants in the country in the summer of 2014, says in a position paper.
"To avoid blackouts, we need to appreciate the contribution of fossil power plants for security of supply," it reads.
The smaller coalition partner of Angela Merkel's CDU pushes for an early launch of capacity payments which the coalition agreement foresees to be introduced in the mid-term.