e-POWER auction update
20th July 2018
The latest e-POWER auction took place across two days on 10th and 11th July and the high prices achieved were very much reflective of the current wholesale power market. Strong values in the auction were also helped by the large number of bids; an average of 21 per site. In fact a couple of sites received over 50 bids.
In total 56 sites were auctioned amounting to some 130MW of installed capacity across seven different technologies with sites varying in size from 50kW to 42MW.
The versatility of the e-POWER auction was demonstrated with this auction having the largest range of different contract periods including:
Our next e-POWER auction is on August 30th.