As a result of EU Directives and the Government’s drive to a low carbon economy, coal and oil power stations are set to close in the UK between now and the end of this decade. A number of ageing nuclear stations will also close during this period leaving a large shortfall in the country’s generating capacity. In addition, there will be a huge increase in renewable power, primarily intermittent wind generation.
A significant amount of new investment in gas-fired generation, using modern and proven technology, will therefore be required by the end of this decade and beyond to ensure there is adequate security of energy supply. A large proportion of this new investment will need to be in flexible plant with the ability to respond quickly and efficiently to short-term variations in demand and intermittent output from onshore and offshore wind power.
Gas is affordable, reliable and flexible and has a key role to play in supporting the transition to a low carbon economy. Modern gas-fired power plants are among the most efficient forms of electricity generation in operation and emit at least 50% less carbon dioxide than existing coal-fired plant.
Watt Power's proposed developments are power plants with a generating capacity of up to 300MW each, much smaller than most of the gas-fired power stations currently in operation in the UK. They will generate electricity into the National Grid Electricity Transmission System.