Eggborough coal-fired power station in East Yorkshire is to close, its owners said. The move follows the power plant’s failure to secure funding through the “capacity market” for 2018-2019, which pays suppliers to be available to provide electricity to ensure the lights do not go out. In a statement Eggborough Power Limited said it would meet its obligations under its current capacity market contract which runs through to the end of September 2018. But without a contract for future years it “will cease to be economically viable to continue operations at the station”, which supplies 5% of the power in the UK, equivalent to powering around two million homes.
Daily Mail 2nd Feb 2018 read more »
Guardian 2nd Feb 2018 read more »
Telegraph 2nd Feb 2018 read more »
Times 3rd Feb 2018 read more »
Coal’s grip on the one subsidy life-line keeping it on the UK grid looks to be slipping, after gas power, demand-side response (DSR) and distributed capacity snapped up the lion’s share of agreements in this week’s capacity market auctions. Eggborough Power station, one of a handful of remaining coal-fired plants, announced its closure this morning after failing to secure an agreement for the 2018-2019 T1 auction, which locks in back-up power for next winter.
Business Green 2nd Feb 2018 read more »