NGG - Fewer U.K. coal plants available for back-up power this winter National Grid says
2023-06-28 09:27:32 ET
Two U.K. coal plant operators, whose plants were available last winter, have confirmed they will be unable to provide back-up power next winter , National Grid ( NYSE: NGG ) said Wednesday.
The grid operator said it ended discussions with Drax Group and Electricite de France about the possibility of keeping plants available this winter, but the two utilities have started to decommission the generators.
The U.K.'s National Grid Electricity System Operator said previously that it expects the country will have enough electricity to meet supply in winter.
The U.K. has a target to close its coal-fired power plants by October 2024 as part of efforts to cut fossil fuel emissions and meet its 2050 net-zero target.
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Fewer U.K. coal plants available for back-up power this winter, National Grid says