Current± Price Watch

In the final Price Watch of this series we explore imbalance prices dropping to -£18.81 as the Electricity Storage Network highlights concerns on National Grid ESO’s bid to run the GB electricity system for periods at zero carbon. 

This week’s issue of Current± Price Watch – powered by Enact – looks at the launch of Great British Nuclear (GBN), how grid upgrades can boost renewable capacity and a record breaking week for imbalance market prices.

This week’s issue of Current± Price Watch – powered by Enact – looks at over six hours of negative day ahead prices over the weekend and explores this year’s Future Energy Scenarios published last week by National Grid ESO.

This week’s issue of Current± Price Watch – powered by Enact – explores the impact on market prices from the increasing presence of renewables in the energy mix, NGET and SSEN's plans for a new 525kW, 2GW HVDC transmission cable and the successes of the demand flexibility service (DFS) amongst the public.

This week’s issue of Current± Price Watch – powered by Enact - looks at the causes of negative energy prices over the weekend, Ofgem’s price cap forecast and the effects of the falling imbalance prices.

This week’s issue of Current± Price Watch – powered by Enact – explores the summer spike in demand which led to a coal fired power plant being ordered onto standby, the prediction of a falling price cap on household energy bills in Q4 2023, and National Grid ESO publishing its Early View of Winter Outlook report proposing the return of the Demand Flexibility Service (DFS) for the winter period of 2023/24.

This week’s issue of Current± Price Watch – powered by Enact – explores IPPR’s warning that planning delays mean England will fail to meet its onshore wind target, the government accepting legislation to change Ofgem’s mandate to have regard to Net Zero laws, and a £9.7 million fine to SSE Generation for breaching their generation license. 

This week’s issue of Current± Price Watch – powered by Enact – explores the International Energy Agency’s latest report forecasting significant growth for renewables, National Grid ESO’s planned reforms for grid connectivity and a newly proposed interconnector between Northern Ireland and Scotland.

This week’s issue of Current± Price Watch – powered by Enact – explores National Grid ESO’s plans to speed up grid connections, the UK achieving a major milestone in generating its first trillionth kilowatt hour of renewable energy, a look into Ireland’s long term power price forecast and how UK-EU cooperation could cut energy costs.

This week’s issue of Current± Price Watch – powered by Enact – explores Cornwall Insight's latest price cap shifting only £38, wind generating more British electricity than gas for the first time and the demand flexibility service scheme displacing the need for 3.3GWh of electricity.