E.ON has confirmed the official closure of 900 MW Killingholme gas-fired power plant, citing market conditions.
The plant halted normal generation at the site recently and a subsequent review has led to the decision. National Grid had said the site would not be included in its Supplemental Balancing Reserve service (SBR), which E.ON had tendered for. It also unsuccessfully entered into the recent UK Capacity Market Auction, sealing its fate.
Tony Cocker, chief executive of E.ON UK, added: “Ultimately, the decision to close the power station is not one we have taken lightly and, as our actions have shown, we have exhausted every possible option to try to keep the plant viable.”
“The reality, however, is that market conditions for both gas-fired electricity generation and coal-fired are very challenging and in this particular case too big to overcome which has resulted in 900 MW of generation capacity being permanently removed from the UK’s power network.”
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