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power prices
December 4, 2020
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.
November 26, 2020
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.
August 17, 2020
UK power industry to lose £1.1bn due to COVID-19 lockdown
The UK power industry has lost £1.1 billion due to the impact of COVID-19, according to energy trading company Hartree Solutions.
May 26, 2020
Record power prices and carbon lows over the bank holiday keep National Grid ESO on its toes
It was another exceptional bank holiday weekend for Britain’s electricity network, with power prices hitting new record lows as carbon intensity dropped to its lowest point ever.
May 7, 2020
Statkraft sees £141m loss in Q1 as power prices fall throughout Europe
System price drops in the UK and across Europe drove down Nordic energy giant Statkraft’s earnings in Q1 2020.
April 22, 2020
Plummeting EU power prices may not recover until 2025
Power prices across Europe - which have on average fallen between 30% and 40% - may not fully recover until 2025.
January 8, 2018
Peak power prices sent tumbling by higher margins, lower demand
Greater power margins and falling electricity demand sent peak market prices tumbling, according to energy monitoring firm EnAppSys.
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