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By Rhodri Morgan Britain’s auction to ensure enough electricity capacity for 2027/28 has set a new record high price as power demands look set to draw heavily on gas. The National Grid said yesterday that the capacity auction cleared an all-time high price of £65 ($82) per kilowatt (kW) per year, with 67 per cent of the 43.4 GW in capacity being awarded to gas plants. The current rule around drawing on gas plant generation is that they will be called upon when the sun isn’t shining and the wind isn’t blowing. However, the auction brings into stark reality the continued future demand for fossil…

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