This week’s issue of Current± Price Watch – powered by Enact – explores Cornwall Insight's latest price cap shifting only £38, wind generating more British electricity than gas for the first time and the demand flexibility service scheme displacing the need for 3.3GWh of electricity.
SSE Renewables has announced the installation of the world’s deepest offshore wind turbine foundations at what will become Scotland’s largest offshore windfarm off the coast of Angus.
In our weekly issue of Current± Price Watch – powered by Enact – we take a look at how high wind generation saw reduced energy prices last week, what is believed to be the last Demand Flexibility Service trial and the IPCC’s latest climate report.
“A lot of regulatory and political uncertainty within the UK over the last 12 to 18 months has led to increased international competition for renewables,” said Adam Berman, deputy director of policy at Energy UK.
The UK Government must set a “realistic budget and more sustainable prices” for renewable electricity in the upcoming Contracts for Difference (CfD) auction to prevent limited private investment in solar and wind generation, RenewableUK said.
In this week’s edition of Current± Price Watch – powered by Enact – we take a forward look at potentially tight margins as the relative stability of recent weeks is savoured, as well as check in with SMS about demand reduction and Open Energi about the growing role of batteries in the Balancing Mechanism.
In today’s Current± Price Watch – powered by Enact – we take a look at the ESO Enhanced Measures, as well as the cut in generation from EDF amid strike action in France and the growth of Dynamic Containment.