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.
Limejump’s power platform has passed 1.5GW of capacity for the first time since the company was established in 2013.
Renewables developers must be co-locating with other technologies or turning to aggregators to offset the serious disruption caused by market price volatility.
The UK’s electricity system price spiked to £375/MWh for more than an hour on Monday, as market conditions prompted renewed volatility.
The 2018/19 winter period could be defined by a rebound for coal and heightened price volatility, but operational margins will be higher than last year, National Grid ESO has said.