The developer of a new 1.9GW combined cycle gas turbine (CCGT) plant in Greater Manchester has been given a reprieve after it missed a key capacity market deadline. Carlton Power received a notice terminating a £480 million capacity market contract for the project after it failed to meet the ‘final commitment milestone’. The Department of Energy and Climate Change (Decc) has now agreed to push back the deadline by around three months. Trafford power station was one of only two new CCGT plants to be awarded the subsidy in the first two rounds of the main four-year-ahead (‘T-4’) auction. It was the only one to win a full 15-year contract. With a contracted capacity of around 1.6GW, the plant will receive more than £32 million in subsidies each year to help secure the UK’s electricity supplies if it goes ahead.
Utility Week 6th July 2016 read more »