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Current-Price-Watch - UPDATED
February 27, 2023

Current± Price Watch: Wholesale prices continue to fall but capacity remains a long-term concern

Longer term market signal are the key focus of this week’s edition of Current± Price Watch – powered by Enact – taking a look at the T-4 Capacity Market results, the new default tariff price cap and incoming weather fronts.
Image: Current±.
October 24, 2022

Current± Price Watch: One of the warmest Octobers on record keep power prices low for now

​In this week’s edition of our Current± Price Watch series – powered by LCP Enact – we take a look at how a mild October has provided some welcome stability in power prices.
Weather data will be used to determine if conductors could be sufficiently cooled by the surrounding environment to run further capacity through them. Image: NGET.
September 29, 2021

National Grid and Met Office to explore increasing renewables capacity using weather data

​National Grid Electricity Transmission (NGET) and the Met Office will use innovative weather data to help expand capacity on the electricity transmission network for renewables as part of a new £545,000 project.
The new figure stands at 6.8%. Image: Pexels NC.
May 25, 2021

Wind power once again smashes generation record as gusty weather continues

​Wind generation has once again smashed its previous record, with blustery weather on Friday 21 May driving it to a new peak of 17.7GW between 3.30-4:30pm.
Turnbull outlines that the UK has “almost 7GW of shovel-ready pumped storage hydropower projects with over 135GWh storage capacity”. Image: Drax.
May 23, 2021

Changeable British weather could risk grid security argues new report

​Increasingly changeable weather in Britain could put net zero and the security of the electricity grid at risk according to a new report.
‘I suspect there will be a similar scheme to triads next year
December 7, 2020

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.
The first Energy House at the University of Salford. Image: Octopus Energy.
November 12, 2020

Construction of ‘unique’ £16m energy research facility Energy House 2.0 gets underway

​University of Salford breaks ground on the Energy House 2.0, a major new research facility focused on energy use in the UK.

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