3 ms·
> https://www.smart-energy.com/industry-sectors/business-finance-regulation/uk-combined-cycle-plant-gas-turbine/ https://www.smart-energy.com/industry-sectors/b
by Reason077 7y ago
> https://www.smart-energy.com/industry-sectors/business-finance-regulation/uk-combined-cycle-plant-gas-turbine/ https://www.smart-energy.com/industry-sectors/business-finan...
Yeah, that's disappointing. But development consent approval doesn't necessarily mean they will be built. There are some other CCGT projects that have been approved for a number of years, but construction hasn't started because the economics don't stack up right now.
With the cancellation of several nuclear plants, others being retired over the next 5-15 years, and the ban on coal by 2025, there may indeed be a future deficit of gas generation capacity. It may be that these projects are being developed speculatively in anticipation of that.