Welcome to the Midweek Takeaway! Today, we are excited to have Pieter Krugel, CEO of Mast Energy Developments (MED), back with us. It's been a productive few months since Pieter last joined the podcast. Back then, we discussed MED's strategic funding partnership with RiverFort Global Opportunities, securing up to £4 million to develop a 300MW portfolio of flexible power assets.

In this episode, Pieter will update us on the latest developments, including the successful completion of the 2nd Phase refurbishment of the first genset at the Pyebridge site, now operational and generating revenue. He’ll also share insights on MED's plans to overhaul the second genset and discuss their advanced negotiations to acquire a 10MW flexible power generation site in southwestern England.

Additionally, we'll dive into the recent electricity capacity auction results and their implications for the energy sector, along with how the new Labour government’s policies, such as lifting the ban on onshore windfarms, might impact MED's business strategies.

Tune in to hear more about these exciting updates and the future of flexible power from Pieter Krugel. Don't miss it!

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