As lockdown restrictions have eased in Great Britain, electricity generation, demand and prices have all bounced back to pre-COVID-19 levels.
EDF’s Sizewell B nuclear power plant is now back to full power, as the UK’s energy demand continues to return to normal.
Throughout August, almost all of National Grid ESO’s performance indicators showed it falling below expectations.
The UK power industry has lost £1.1 billion due to the impact of COVID-19, according to energy trading company Hartree Solutions.
The Balancing Mechanism (BM) was used twice as much throughout April and May 2020 as the previous year, due to the impact of COVID-19.
The government has committed to protect suppliers from 80% of the increases in obligation payments for the second quarter.
Artificial intelligence (AI) could help manage local grids, to ensure that they are not overloaded by rapid growth in demand.
With no coal on the grid and surging renewables, May was the greenest month ever on Great Britain’s electricity grid.
Over the bank holiday weekend, the UK's electricity demand is set to drop to an all-time low of just 13.8GW while the cost of balancing soars.