UK Capacity Market
Introduced by the Department of Energy and Climate Change (DECC), the capacity market is part of the electricity market reform programme, and is designed to ensure the future security of UK electricity supply.
As existing coal fired power generation facilities are closed due to age and emissions, our increasing reliance on renewable forms of energy places strain on the nation grid at times of peak demand. New investment is needed in generation projects, but we must first optimise the performance of current assets on our distribution network.
The capacity market offers all operators with capacity (new and existing power stations, electricity storage and capacity provided by voluntary demand reduction) a steady, and predictable revenue stream on which they can base their future investment judgements. In return for capacity payments revenue, providers must deliver energy rapidly at times of system stress, or face agreed penalties.
Yellow Power Ltd have developed a range of traid generators and layouts of plant specifically optimised for this market. Designed for ease of installation on a compact footprint and simple connection to our National Grid, they can be either natural gas powered or Tier III emission compliant diesel generators. Containerised, modular components reduce site based works and civil requirements to an absolute minimum.
We are also actively seeking large industrial partners with suitable electrical connections that maybe underutilised or require security of supply. In some cases, it may be possible to install power generation equipment to satisfy this need whilst generating an income from their Capacity Market potential.
Please do not hesitate to call and discuss your specific requirements or proposals.