Negative imbalance pricing periods could spiral by 2034
Instances of negative pricing in the Balancing Mechanism (BM) are here to stay and only set to become more prevalent over the next 15 years, forecasts from Cornwall Insight have suggested.
Articles tagged with: wholesale price
Winter Outlook 2018/19: Coal rebound and price volatility on the way
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.
SSE completes ‘Big Six’ line-up of price rises as ‘cost of supplying energy’ spikes
SSE has become the last of the ‘Big Six’ energy suppliers to announce price rises this spring, pointing the blame at the spiralling “cost of supplying energy”.
Subsidy-free renewables at risk of 'price cannibalisation' argues report
Subsidy-free renewable energy projects are at risk of failing to be viable on the wholesale market owing to ‘price cannibalisation’ during periods of high output, according to a new report by consultancy Cornwall Insight.
Npower blames policy, wholesale costs for new price hike
Npower has become the latest Big Six supply firm to announce a price hike, squaring the increase solely on growing policy costs and wholesale prices.
‘Beast from the East’ exposed undue UK reliance on interconnectors, report claims
The ‘Beast from the East’ cold snap in late February and early March exposed what Drax Group has dubbed an “undue reliance” on the country’s interconnection capacity.
British Gas again blames policy costs for new price rise
British Gas is to increase its default tariff costs from next month, and is once again attributing the increase to rising wholesale and policy costs.
Engie the latest to bring transparent tracker tariff to UK market
Engie has formally launched its “innovative” tracker tariff, designed to reflect changes in the wholesale electricity price more accurately for consumers.