Balancing Mechanism hits £3,000/MWh as margins remain tight through cold snap
Great Britain’s tumultuous energy week has continued, with system tightness leading to West Burton B being called at £3,000/MWh yesterday (6 January).
Great Britain’s tumultuous energy week has continued, with system tightness leading to West Burton B being called at £3,000/MWh yesterday (6 January).
Power prices have spiked to a record level for this afternoon, as cold weather and low wind tighten margins again.
Low winds and falling temperatures have caused power prices to spike this evening (26 November), as National Grid ESO warns of tight margins.