A REVIEW of gas-fired stations has seen Centrica conclude that it will retain its interest in Barry Power Station, on Hayes Road.
Following discussions, the company has decided to extend the life of its smaller stations.
The future of the power station was previously in doubt.
Centrica have undertaken a review of their gas-fired fleet and have announced that they will be restructuring their assets to focus on their smaller, more flexible stations with the potential sale of larger UK sites helping them achieve its focus.
The Barry plant helped secure its future over the short to medium term when, two years ago, it won the Peak Demand contract.
Vale MP Alun Cairns said: “I am pleased that the outcome of these considerations back the local workforce. I am aware that over recent years questions existed over the plant and was delighted when the local station won the peak demand contract.
“Ofgem also reviewed electricity transmission charges that could have had an impact. It threatened increasing the costs of transporting electricity, against the local interest.
“Their initial proposals were going to have significant negative impacts for power stations in the South and for Barry in particular. I met with the Minister to highlight these issues and the need to reconsider the proposals and timeline for any changes.
“The decision has now been pushed forward to allow for further consideration which is positive news for Barry and Aberthaw.”