News

 

5th May 2020

 

EPUKI Comment on T-4 Capacity Market Auction Results

 

Following the publication of the results of the latest T-4 capacity auction for the Single Electricity Market, it has been confirmed that EPUKI has secured contracts for its existing CCGT and OCGT units at Ballylumford and OCGT units at Kilroot power station.  In addition, Kilroot has been successful in securing a ten year contract for new gas generation intended to replace existing coal units.

A spokesperson for EPUKI commented:

‘’We are delighted that all units have been successful in the most recent T-4 auction meaning that new, flexible, low carbon gas generation can be developed on the Kilroot site’’

‘’This will ensure the transition towards low carbon generation as well as protecting security and stability of supply for Northern Ireland through the continuation of indigenous generation.’’

 

Notes to Editors

1.     EP UK Investments (EPUKI) acquired Kilroot Power Station and Ballylumford Power Station from AES in June 2019. For further information on EPUKI visit www.epuki.co.uk

 

2.     SEMO T-4 auctions take place every year for capacity to be delivered in four years’ time. In addition, further T-1 auctions will run to secure incremental capacity.

 

3.     All media enquiries:

 

John Fullerton

Jfullerton@gravisplanning.com

02890425222 / 07746741704