National Grid ESO’s Winter Contingency Contracts with coal power stations are set to cost between £340 million and £395 million, subject to the procurement and use of the coal.
In this week’s edition of our Current± Price Watch series – powered by LCP Enact – we take a look at the concern around interconnector availability over the upcoming winter and the role this could have on keeping the lights on.
In this week’s issue of our Current± Price Watch series – powered by LCP Enact – we take a look at surging baseload power prices over the winter period after Gazprom announces Nord Stream 1 is shut indefinitely.
Triton Power has raised an urgent modification in order to cap the cost of trade at British interconnectors at the value of lost load (VoLL), which would total £6,000 per MWh.
In the latest issue of Current± Price Watch series – powered by LCP Enact – we take a look back over the last month in power prices, including strong battery energy storage revenues and Britain’s role as an exporter.
In the second in our Current± Price Watch series – powered by LCP Enact – we take a look at how European market dynamics have compared with Britain over the last week in light of negative prices and nuclear outages.
In the first edition of Current±’s new Price Watch series – powered by LCP Enact – we take a look at how power prices have dropped as weather improves.
National Grid’s statutory operating profit was up 82% for the 2021/22 financial year to £4.4 billion, boosted by the acquisition of Western Power Distribution (WPD).