Alena Nispel

16 Mar 2021 Gas plants and interconnectors benefit from T-4 auction

The T-4 Capacity Auction for delivery in 2024/25 concluded last week, clearing in Round 12 with a clearing price of £18/kW/year and a total procured de-rated capacity volume of 40.8GW. A total of 52.0GW of de-rated capacity entered the auction, 79% of which was accepted.

08 Mar 2021 New post-Brexit market arrangements trigger hike in power prices

Prices in the GB electricity market soared at the beginning of this month. The maximum day-ahead price in the market in the first week of March was £683 – more than three times the maximum day-ahead price of £191.55 seen in any day in March in the previous six years.

22 Feb 2021 French Renewables to Drive FCR Prices

FCR prices have become more volatile and will continue to be so in the future due to increased renewable generation, decreasing conventional generation and growing uncertainty across generators - mostly driven by France. Significant periods of low FCR supply are expected.

16 Feb 2021 Brexit cuts interconnector use and sends power prices rocketing

Britain’s exit from the EU has resulted in reduced trading on the electricity interconnectors between GB & Ireland and increased the frequency of extreme prices although the withdrawal agreement ensured that the SEM would remain intact.

09 Feb 2021 Norway overtakes France to become largest net energy exporter

Norway overtook France to become the biggest net exporter of power in Europe in the second half of 2020. Norwegian water reserves increased steadily and reached a new peak for the first time since 2015. Italy remains biggest net importer.

13 Jan 2021 Cold winter weather sparks surge in power prices

Colder weather combined with a reduced contribution from renewable power sources such as wind and solar, conventional plant unavailability and new post-Brexit trading arrangements resulted in tight margins in several electricity markets such as GB and France.

09 Dec 2020 New ancillary service remains undersubscribed

A new ancillary service, dynamic containment, procured by National Grid to manage the frequency of Britain’s electricity system remains undersubscribed more than four months after its launch in October 2020, but is showing its potential as a useful new revenue stream for battery projects.

30 Oct 2020 Britain’s interconnectivity with Europe to rise sharply despite Brexit

GB’s power market is set for radical change as its interconnectivity will more than double in the next three years despite Brexit and other various barriers. Power markets do not sit alone in isolation. Great Britain’s power market is connected to several countries.

01 Oct 2020 Negative prices sweep across Europe

Negative power prices have swept across Europe in the first nine months of 2020, with excess power in the market resulting in consumers being paid rather than charged to use electricity. European countries on average saw negative day ahead prices almost 1% of the time.

16 Aug 2020 Achieving Net Zero – Too Cheap to Meter or too Expensive to Deliver?

National Grid updates the electricity and gas markets annually with its new Future Energy Scenarios and this year’s edition sees a significant shift as it has been adjusted to accommodate Net Zero 2050 targets within three of the four offered scenarios.

14 Aug 2020 New Dawn Shines on Resurgent European Solar Market

In the first six months of this year, generation from this power source across Europe amounted to 68TWh – up from the 59TWh in the corresponding period in 2019 and 70% higher than the 2015 figure of 40TWh. In the second quarter of 2020, solar output hit a record 47.6TWh.

14 Jun 2020 GB becomes Europe’s second highest producer of wind generation

Britain has overtaken Spain to become the second highest producer of wind generation in Europe. The data looked at levels of European wind generation in the first 23 weeks of 2020 and found that Britain ranked second after Germany during the period.

28 Apr 2020 GB breaks no-coal record

Today just before 6AM, Great Britain broke the record for the longest period of electricity generation without coal. The new record set today is due to a reduction in the size of the available generation fleet and low demand due to the coronavirus pricing coal out of the market.