trending Market Intelligence /marketintelligence/en/news-insights/trending/2MdH9Y6lcBTdBmLJ2fsvkQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Retiring RWE coal plant transfers capacity market contracts to SSE

A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Retiring RWE coal plant transfers capacity market contracts to SSE

The British unit of German utility RWE AG has agreed to transfer the capacity market contracts attached to its retiring Welsh coal-fired power plant to an SSE PLC natural gas-fired plant in Scotland.

RWE Generation UK PLC is shutting down its 1,560-MW Aberthaw B coal plant next year due to challenging market conditions, and will transfer its contracts to SSE's Peterhead Power Station in Aberdeenshire, Scotland, according to an Aug. 9 news release.

"This agreement means the station will be contracted through to September 2022, helping to safeguard customers' power supplies by offering flexible and reliable generation capacity," said Stephen Wheeler, managing director of thermal energy at SSE.

The agreement, which has been confirmed by National Grid PLC, will see Aberthaw's full capacity market volume transferred to Peterhead, totaling 1,051 MW in 2019/2020 and 1,062 MW in 2020/2021, the release said.