UK capacity auction secures 45.1 GW of backup power
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LONDON (Reuters) - British energy companies SSE , EDF Energy and Drax are among the winners of power capacity contracts awarded for backup electricity up to three years in advance.The capacity market is a British government scheme to pay energy providers to maintain spare capacity to ensure adequate supply for future years. The latest auction on Friday for capacity in 2022/23 secured a total of 45.06 gigawatts (GW) of back-up electricity capacity and cleared at 6.44 pounds per kilowatt per..