As lockdown restrictions have eased in Great Britain, electricity generation, demand and prices have all bounced back to pre-COVID-19 levels.
Great Britain saw 80 hours of negative pricing in the first nine months of 2020 as instances of negative day ahead prices more than double across Europe.
The UK’s electricity system price spiked to over £500/MWh last night (15 September) in response to low levels of wind generation.
National Grid ESO’s new Downward Flexibility Management service was brought into play this weekend to cut embedded generation, along with the Grid Code modification which was also approved.
Great Britain has now gone more than 18 days without coal-fired generation, thanks to sunny weather and low demand.
In Q1 2020, renewables became Britain’s main power source for the first time ever, according to new analysis by EnAppSys.
Low demand and a sunny weekend sent power prices plunging into negative figures on the day-ahead hourly market for the third time as generation hit a new record.
The UK’s electricity system price spiked to £2,242/MWh last night (4 March 2020) following lower than expected wind generation during the evening peak.
Renewables are “on the brink” of becoming Britain’s main electricity source, according to research by EnAppSys.