U.K. Secures Future Power at a Discount

GALWAY, IRELAND--December 16, 2015--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. government has agreed to purchase 46.4 gigawatts (GW) of power for the period 2019-20 for a sum of £18 ($27) per kilowatt (kW), more than 7% cheaper than its first capacity auction at the end of last year.

Within this article: U.K. secures power for the 2019/20 period. Additional companies: Centrica plc (LSE:CNA) (OTC:CPYYY) (Windsor, England), SSE plc (Perth, Scotland) and Electricite de France S.A. (EPA:EDF) (Paris).