High solar output outshines coal

For an update on energy market changes over the last 7 days, check out the Haven Power market report. Here’s a summary of the week: High solar output reduces demand […]

By Freddie Rand

For an update on energy market changes over the last 7 days, check out the Haven Power market report.

Here’s a summary of the week:

  • High solar output reduces demand on the UK system and outshines coal.
  • Lower than predicted wind forces National Grid to take actions to fill the gap.
  • Brent Crude oil prices surge to 3-year high, reaching over $72/bbl.
  • Seasonal contracts up after commodity prices strengthen.

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 Haven Power website for the full market report.

This is a promoted article. 

 

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