The trend towards “decentralised” power continues. Centrica is offloading two large gas power plants for £318m in cash as the owner of British Gas continues to focus on what it believes will be a growing trend for energy in the UK: the generation of power at a smaller local and community level. The installation of solar panels on the roofs of homes and businesses plus new technologies such as battery storage threatens the traditional model of large, centralised power plants.
FT 21st June 2017 read more »