B idding for the reverse auction started at 9.00 am on Tuesday at £70-75/kW with bids set to decrease in increments until the capacity amount is met. There will be four auction rounds each day until the auction clears. Next round in 2017 The outcome of...
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B idding for the reverse auction started at 9.00 am on Tuesday at £70-75/kW with bids set to decrease in increments until the capacity amount is met. There will be four auction rounds each day until the auction clears. Next round in 2017 The outcome of today’s auctions are eagerly anticipated as they are expected to set the pricing signals for future auctions to be held in late 2017. At that point, the government may seek to secure a further 2.5GW of capacity for delivery in 2018/19 dependent on the outcome and price of the current auction. “There has been a very high level of interest from large and small generators. Both established and emerging players in the market are bidding, representing over 64GW of capacity,” a Department of Energy and Climate Change (DECC) spokesman said. All capacity has to be available from October 2018 for one year. Weekly News 12 December 2014 REGULATION & POLICY Pakistan plans for 2,600 MW of capacity additions 3 Minnesota authorities approve NSP for gas
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