The Guardian Australia – Business
·business
·1 hour ago
Centrica buys Welsh gas plant for £370m despite UK renewable energy surge
Centrica is spending £370 million to buy an 850MW gas-fired power plant in south Wales, betting that gas generation remains essential despite Britain's renewable energy surge. The Severn facility is expected to generate £30m-£60m in annual earnings plus £35m yearly in capacity market payments through 2030.
Summary by Glance · The Guardian Australia – Business
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI