Sloy, Foyers and Inverawe hydro units included in provisional agreements
The provisional results of the latest T-4 capacity auction in Great Britain were published on Tuesday 11 March 2025. A total of 43,055MW in capacity agreements were awarded to capacity market units at an auction clearing price of £60/kW. The delivery year runs from 1 October 2028 to 30 September 2029.
SSE Renewables has provisionally secured agreements for 1,238MW of de-rated* hydro, pumped storage, onshore wind and solar capacity for delivery year 2028/‘29. This includes capacity at the company’s Sloy hydro scheme (139MW), pumped storage capacity at Foyers (279MW) and a 15-year contract to refurbish its Inverawe Power Station (22.75MW).
Robert Bryce, Director of Hydro at SSE Renewables, said:
"As the original source of renewable energy in the UK we are very proud that our Hydro operations are continuing to play a critical role in maintaining security of supply for millions of homes and businesses. These results show Hydro has a bright future as a key part of a homegrown UK energy system; and as we look to the future, continuing to make investments in our Hydro fleet, we can be sure the technology will be a vital part of the energy mix for decades to come.”
The provisional results are subject to confirmation by the UK Secretary of State for Energy Security and Net Zero.
For more, read here.
*A de-rating factor is applied to all capacity according to rules set by the UK Government.
