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Centrica has commenced an energy tolling agreement with the owners of a new gas- ...

Centrica has commenced an energy tolling agreement with the owners of a new gas-fired power station at Spalding, Lincolnshire, which will deliver an additional 860 MW of electricity to supply British Gas customers. The Spalding unit, together with Centrica’s own power station portfolio, is capable of meeting approximately 55% of the group’s peak residential demand, based on 2005 projections. Under the tolling agreement signed in 2002, Centrica will supply gas to InterGen’s Spalding plant and has rights to the total capacity. Spalding is a recently commissioned high-efficiency plant, which will use established technology and is designed to operate in a flexible, non-baseload regime.
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