The T-1 capacity auction for delivery next winter has cleared at 77p/kW. Some 129 units have been awarded an agreement, totalling 3.6GW of capacity.
By volume, reciprocating engines (gas recips) took the largest number of agreements (19 to existing engines, 26 to new build); CHP took the next largest number of agreements (29 existing plants and one new build).
The auction results do not make great reading for demand-side response (DSR), with swathes of units from Eon, EDF, Enel X, Flexitricity, Grid Beyond, Kiwi Power, Scottish Power, Smartest Energy and UK Power Reserve dropping out as the price plummeted.
Some 29 DSR agreements for around 200MW were awarded to DSR providers, with Limejump taking just over half of them.
The clearing price was also a turnoff for storage, with just 6 projects, totalling 22MW, taking agreements.
The Capacity Market is currently suspended following a legal challenge by Tempus Energy that was upheld by the European Court of Justice.
The government hopes to reinstate the market this year or next.
See details on the T-1 auction results here.