9July 2015

Alkane Energy plc

Alkane wins National Grid demand side balancing contracts for coming winter

Alkane Energy plc ("Alkane") is delighted to announce that it has again won contracts in the demand side balancing reserve ("DSBR") auction for the 2015/16 winter season. These contracts are part of National Grid's DSBR programme which is designed to provide additional balancing services to the UK electricity market during periods of high winter demand.

The contracts are to supply 57MW capacity to National Grid during the coming winter from within the Group's existing portfolio of Power Response capacity. This is the second year Alkane has been successful in winning contracts to work with National Grid in this important programme.

This award is a reflection of Alkane's cost effective, flexible and highly reliable operating assets. The current generating fleet provides an ideal partner to National Grid in meeting its security of supply targets. The Grid programme is designed to cover the winter peak period from 4pm to 8pm each weekday between November and February.

Alkane looks forward to working with National Grid on the DSBR programme in addition to our operations in the Short Term Operating Reserve ("STOR") and the Capacity Market.

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