Limejump hails ‘terrific response’ in power market as it adds 170MW already in 2021
Limejump has added more than 200 renewable generators to its Virtual Power Plant (VPP) through Power Purchase Agreements (PPAs) in 2021.
Articles tagged with: power prices
Utilities call for gas' ‘thumb to be taken off the scale’ with changes to levies
Utilities have called for changes to "outdated" gas and electricity levies in a bid to decrease costs of electrified heating and save the poorest households more than £100 a year.
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 .
Power prices reach record high as tight margins drive N2EX beyond £1000/MWh
Power prices have spiked to a record level for this afternoon, as cold weather and low wind tighten margins again.
The heat pump rollout could fail due to high electricity costs warns EAC
The cost of electricity could cause the rollout of heat pumps to fail, as the technology must be made affordable for consumers.
Shell Energy posts £32m loss as ‘unsustainable pricing’ draws customers away
Shell Energy has posted an almost £32 million loss for 2019, pointing to falling customer numbers as competition in the sector remains strong.
Power prices spike to £720/MWh as low winds continue to stretch grid
It has been a tumultuous weekend for energy prices in the UK, with an unprecedented day-ahead clearing price for a Sunday of £350/MWh.
BM prices skyrocket to £1,000/MWh as cold weather and low wind bites
Prices in the Balancing Mechanism hit £1,000/MWh last night (03 December) with two CCGT offers accepted at the price.
National Grid ESO warns of tight margins as power price set to surge beyond £300/MWh
Low winds and falling temperatures have caused power prices to spike this evening (26 November), as National Grid ESO warns of tight margins.