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<p>We are clear that delivering energy security for our families and businesses is
non-negotiable. We knew some old coal plants would likely be closing and we have already
taken steps to protect supply for the coming winters, which took account of the possibility
of further closures. Specifically, National Grid took into account the risk of coal
plant closures in considering how much capacity to procure for next winter’s Contingency
Balancing reserve.</p><p> </p><p>Longer term, the Capacity Market will drive investment
in new capacity as well as get the best out of our existing power stations. We will
continue to work alongside National Grid and Ofgem to take whatever additional steps
are necessary to protect our energy supply.</p><p> </p><p> </p>
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