Capacity Market Agreements

Summary by AI BETAClose X

Drax Group plc has provisionally secured agreements from the T-4 capacity market auction to provide 434MW of capacity, de-rated to 399MW, primarily from its pumped storage and hydro assets for the delivery period October 2029 to September 2030. This will generate approximately £11 million in income at a provisional clearing price of £27/kW/year, adding to existing agreements extending to September 2029.

Disclaimer*

Companies

Drax Group (DRX)
UK 100

Latest directors dealings