C.Gen Killingholme has set its marker down for the next Capacity Market auction, in December 2017, saying it plans to enter its consented 470MW North Killingholme power station.
The combined cycle gas turbine (CCGT), near Immingham in North Lincolnshire, was granted a Development Consent Order (DCO) in September 2014.
The company has acquired the adjacent Killingholme ‘A’ station, which permanently ceased operations in March 2016, from Centrica, and this gives C.Gen Killingholme secure connections to the electrical and high pressure gas grids for the new plant, and  the opportunity to develop other new energy projects on the 50 acre site.
C.Gen has appointed Credit Suisse to assist with the financing of the North Killingholme project and appointed Uniper as the project’s engineer. A tender process for the main construction contract has begun.
Florent Maes, C.Gen Killingholme’s project director, said:  “If we are successful in the Auction, we could expect to start the construction in 2018 to ensure timely completion and commercial operation by 2021.”