UK electricity regulator to crack down on generators making “excessive profits”
The move follows a probe that found some generators have been hoarding electricity supply so they can later fetch higher prices for it in the market.
03 July 2023
03 July 2023
The move follows a probe that found some generators have been hoarding electricity supply so they can later fetch higher prices for it in the market.
The plants will generate 23,900 gigawatt-hours of clean energy and will have an operational period of 25 years.
The company will be responsible for the delivery of new rotor poles for three water-cooled generators at the plant.
Drax had been in discussions with the National Grid ESO to explore the possibility of extending coal power generation.
The portfolio includes five solar plus storage projects with secured grid connection.
East Anglia Three will generate 1.4GW of clean energy, enough to power 1.3 million UK homes.
The project will be the 11th offshore wind energy review initiated under the Biden-Harris administration.
The meetings discussed the roll-out of Russian nuclear technology and infrastructure in Myanmar.
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