The billionaire West Ham United investor Daniel Křetínský and Swiss commodities giant Vitol are among bidders hoping to land hundreds of millions of pounds in subsidies to keep the lights on in Great Britain. National Grid’s electricity system operator is preparing to announce successful bidders in a “capacity market” auction this month for 2026. The annual auction will set a subsidy price to pay owners of power stations and battery storage facilities to cover the cost of being on standby … read more »
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