Cold winter weather sparks surge in power prices

The new year’s 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.

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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.

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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.

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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.

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