Reserve power will be increasingly important to the UK as the country becomes more dependent on renewable energy sources. The phasing out of coal-fired generation and reduced capacity for other baseload generation has left a requirement for flexible generation distributed around the electricity grid in order to cope with the intermittent electricity generation from wind and solar.
This will require significant capital investment over the next decade. Mast Energy Developments (LON:MAST) intends to develop a portfolio of reserve power assets. The first projects should be up and running this ...