As power prices across Europe continue to go haywire, Liam Stoker and Andy Colthorpe attempt to explain the numerous contributing factors in this month’s episode of the Solar Media Podcast.
The impact of high gas prices has emphasised the need to invest in storage technologies, the Electricity Storage Network (ESN) has said.
The volatility in wholesale power prices due to exposure to global gas prices has demonstrated the need to diversify and decarbonise the UK’s domestic energy system.
The need to switch away from imported fossil fuels to domestic renewables has been thrown into the spotlight by new analysis from thinktank Ember.
Energy secretary Kwasi Kwarteng is today (20 September) convening a roundtable on the way forward for the energy industry following high gas prices and supplier exits.
National Grid has confirmed that 1GW of interconnector capacity will be offline until 27 March 2022, turning to the North Sea Link to help plug the gap.
A fire at National Grid’s IFA1 interconnector site in Sellindge is to see power prices once again spike in the UK as 1GW of capacity drops off the system.
GB's period of high power prices shows no signs of abating with the day-ahead auction for Tuesday (14 September) clearing at new records across the board.
Concerns over pricing as GB heads into the colder months are rising following numerous power price records being broken yesterday (9 September).