Eggborough power plant to close
It comes after the plant failed to secure funding through the ‘capacity market’ for 2018-2019.
Eggborough coal-fired power station in East Yorkshire is to close, its owners said.
The move follows the power plant’s failure to secure funding through the “capacity market” for 2018-2019, which pays suppliers to be available to provide electricity to ensure the lights do not go out.
In a statement Eggborough Power Limited said it would meet its obligations under its current capacity market contract which runs through to the end of September 2018.
But without a contract for future years it “will cease to be economically viable to continue operations at the station”, which supplies 5% of the power in the UK, equivalent to powering around two million homes.