The results of the first UK capacity market auction were confirmed by DECC on Friday 2 January. The auction procured 49.26GW of capacity at a clearing price of £19.40/kW and an overall cost to consumers of £0.96bn. DECC confirmed that it would, later in January, update its estimate of the mechanism’s impact on bills for the period 2016-30. Energy and climate change secretary Ed Davey said: “This is fantastic news for bill-payers and businesses. We are guaranteeing security at the lowest cost for consumers. We’ve done this by ensuring that we get the best out of our existing power stations and unlocking new investment in flexible plant.”
New report shows Ipswich-based Haven Power generates £488 million for the UK’s economy
Leading energy supplier Haven Power contributed £488 million towards UK GDP in 2016 and supported 5,400 jobs across the country.
18 Oct 2017 | Press
Grass roots football gets greener with new partnership between Suffolk FA and Haven Power
Suffolk FA, the governing body for football in Suffolk, is getting greener energy from Haven Power as part of a new partnership.
10 Oct 2017 | Press
Haven Power reaches new heights
Haven Power has been named the UK’s best performing energy supplier by Third Party Intermediaries (TPI’s) in this year’s Cornwall Insight Report.
13 Sep 2017 | Press