(Adds clearing price)
March 6 (Reuters) - Britain's auction for 43.75 gigawatts of
backup electricity capacity for 2023/24 cleared at 15.97 pounds
($20.77) per kilowatt (kW) per year, the National Grid said on
Friday.
Britain launched its power capacity market in 2014, offering
to pay providers for making supplies available at short notice.
($1 = 0.7690 pounds)
(Reporting by Nakul Iyer in Bengaluru;
Editing by Andrew Cawthorne)