It has been reported that Trafford Power, a new 1.9 GW gas-fired CCGT, has so far failed to find financial backing despite having secured a 15-year contract during last year’s capacity market auction. This may have important implications for both the capacity market rules and the upcoming auctions. To read more, click the link below.
WSJ: Electricity costs expected to keep rising—Jim McMahon weighs in
In a recent The Wall Street Journal publication Jim McMahon, head of the Energy Practice at Charles River Associates, noted: “We’re in a period of general...