Green Light for additional 3 92GW of Capacity

06 February 2009



The development of 3.92GW of power plant capacity was given the green light yesterday by the Department for Energy & Climate Change.

The development of 3.92GW of power plant capacity was given the green light yesterday by the Department for Energy & Climate Change. RWE npower intends to build a 2GW combined-cycle gas turbine (CCGT) in Pembroke, South Wales; Centrica a 1.02GW CCGT at its existing Kings' Lynn site in Norfolk and Powerfuel plan to build a 900MW Integrated gasification combined cycle in Hatfield. While RWE npower intends to start building the £1bn project shortly, it seems that the Centrica build is less certain with the company suggesting that it is still early days in the projects development. The ICGT project will start life as an 800MW gas fired power station to be built at the Hatfield colliery in Yorkshire. Construction is due to start this June and be completed by 2012. Work will then commence to convert the plant to an ICGT - this will enable the gasification of coal, with pre-combustion carbon capture & storage to form a synthetic gas with near-zero emissions. This phase is expected to be completed by 2014. read more ...

Fuel Markets Drive Prices  

12 February 2009


Pressure from the fuel markets saw prompt and forward curve power prices slip throughout the day.  read more...

Deflation versus Hyper Inflation  

18 February 2009


The economic circumstances are forcing many businesses to look at whether we face a world of declining growth or rampant uncontrollable growth.  read more...

Oil increases turn gas more bullish  

25 February 2009


The oil market rose marginally to an change in US stock levels.  read more...

Does a bankers pension affect the UK power market?  

27 February 2009


As Fred Goodwin the departed RBS chief exec weathers the media storm over his pension pot, Powerisk asks if his decisions are affecting the power market.  read more...


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