Balancing Mechanism price jumps to highest level since 2001, hitting £4,000/MWh
The imbalance price reached a high of £4,000/MWh on Friday evening, capping off a dramatic week in the energy market.
The imbalance price reached a high of £4,000/MWh on Friday evening, capping off a dramatic week in the energy market.
National Grid ESO has once again issued an Electricity Margin Notice (EMN), its second this week and fifth this winter.
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.