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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Centrica Plc | LSE:CNA | London | Ordinary Share | GB00B033F229 | ORD 6 14/81P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.55 | 1.22% | 128.55 | 129.00 | 129.10 | 131.00 | 126.90 | 127.90 | 13,734,430 | 16:35:21 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electric Services | 26.46B | 3.93B | 0.7326 | 152.13 | 597.72B |
By Alex MacDonald
LONDON-- U.K. energy utility, Centrica PLC (CNA.LN) said Friday that its Langage and South Humber gas fired power stations have been awarded one-year capacity agreements starting in October 2018.
All capacity agreements are subject to final approval from the U.K.'s Department of Energy & Climate Change, which is expected no later than Jan 5, with a view to issuing a capacity agreement notice no later than January 30.
Companies bid to win capacity agreements from the U.K. grid operator National Grid PLC (NGG). The capacity agreements provide a steady payment for maintaining power generation capacity in return for a commitment to deliver electricity when needed or face a penalty linked to the amount of electricity that the utility failed to deliver.
Centrica owns and operates six gas-fired power stations in England and Wales, with a combined output of 3.7 gigawatts.
-Write to Alex MacDonald at alex.macdonald@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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