GB electricity demand resurged in Q1 as low wind drove tight margin trend
Electricity demand in Great Britain returned to pre-COVID-19 levels in Q1 2021, with tight margins being a common feature of the quarter.
Articles tagged with: enappsys
Power prices dip down to low of -£61/MWh as winds batter Britain
The windy weather pushed power prices down below zero last week, hitting a low of -£61/MWh according to EnAppSys.
Battery capacity more than doubles in T-4 auction but gas still dominates
The T-4 Capacity Market auctioned closed yesterday in its twelfth round, with 40819.895MW awarded agreements.
Power prices stay high as the impact of Brexit continues to be felt
Electricity prices in Britain have soared at the beginning of the month, with the post-Brexit market arrangements contributing to the spikes.
T-1 Capacity Market auction clears at record £45/kW/year given tighter generation
The T-1 Capacity Market (CM) auction has cleared at a record high price of £45/kW/year on day one.
Brexit has reduced trading with Ireland sending power prices ‘rocketing’
Brexit has led to reduced trading over Irish electricity interconnectors and increased the frequency of extreme prices .
Dynamic Containment remains undersubscribed due to ‘pretty brutal’ requirements
Four months into operation, Dynamic Containment is still undersubscribed according to new analysis from EnAppSys.
Fossil fuel generation falls to record low as renewables dominate energy market
Fossil fuel generation has more than halved over the last decade, hitting a new record low in 2020.
Sixth EMN issued while day ahead prices jump to £1,500/MWh as capacity remains tight
The volatility in the energy market has continued this week, with National Grid ESO issuing another Electricity Market Notice (EMN) while day ahead prices just to almost £1,500/MWh.