IN BRIEF: Mast Energy sees higher electricity prices at Pyebridge
Mast Energy Developments PLC - London-based developer of reserve power generations plants - The 9 megawatt Pyebridge synchronous gas-powered standby generation facility generates power sales revenue of GBP130,000 in the three months to May-end, at an average price of GBP354 per megawatt hour. Company says this is five times higher than the average price at its IPO in April 2021. Electricity generation output at the site totals 371 megawatt hours. Read More