UK Plans More Power Capacity To Avoid Outages Next Winter

The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid operator National Grid Plc. “This target reflects the broader uncertainties within the power sector,” Business Secretary Kwasi Kwarteng wrote in a letter, carried by Bloomberg, about the 14-percent higher target for next winter season’s auction than the 4.7 gigawatts (GW) recommended by National Grid.   The UK is in an energy and gas crisis, with prices surging for consumers…