UK multinational utility Centrica Energy Trading has signed power purchase agreements (PPA) with Finnish renewable energy investor Taaleri Energia.
GE’s recent acquisition of Alstom’s Power & Grid businesses gives the company a more robust global business presence at a time when the world is expected to invest a projected $17 trillion in power and grid technologies over the next 20 years to help develop more sustainable modern economies and improve the quality of life for the world’s population.
Equipment & Technology
UK utility Centrica has proposed building a new gas-fired backup power plant at the site of the existing 360 MW Peterborough power station.
An 18-month investigation into the UK’s energy market has confirmed consumers were overcharged a total of £1.7bn but not recommended splitting the country’s ‘Big Six’ utilities as a remedy to failings in the market.
Gas & Oil Fired
Centrica’s top management have used the occasion of their annual results announcement to call on the British government to re-draw the country’s capacity market scheme.