By ESS news
BESS has secured 8% of allocated capacity for delivery in 2026-27 in the UK T-1 capacity market auction, according to preliminary results from grid operator NESO.
The auction awarded 7.2 GW of capacity agreements at a clearing price of 5 GBP ($7) per kW, per year – the lowest level for a T-1 auction since 2020. The awarded capacity was distributed across 195 units, including 51 capacity market units (CMU) with “storage – battery” listed as the primary fuel type.
The UK Capacity Market auctions were first held in 2014 and are split into a T-1 “top-up” auction and the longer-term T-4 auction, where multi-year capacity contracts are awarded four years in advance of delivery.
To read further, visit our ESS news website.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.
Popular content
