Renewables up to 45% of UK generation as carbon price jumps 25%

The Haven Power market report updates you on the week’s changes in the energy market. Here’s a summary of the week: Renewables contribute over 45% of UK generation mix. High […]

By Freddie Rand

The Haven Power market report updates you on the week’s changes in the energy market.

Here’s a summary of the week:

  • Renewables contribute over 45% of UK generation mix.
  • High renewable output pushes day-ahead baseload prices to lowest level since February.
  • UK almost avoids coal-fired generation.
  • National Grid uses flexible pumped storage hydro generation to ease system stress.
  • European carbon price being up 25% in the month directs UK power curve.

This market report is particularly relevant if you’re buying electricity flexibly, or about to sign or renew a fixed electricity contract. Getting these decisions right can reduce your vulnerability to price-peaks in the wholesale market and save you money.

For the details – and our weekly analysis of day-ahead power, imbalance prices, renewable power, seasonal contracts and annual power – simply check out the full market report on the Haven Power website.

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