National Grid warns UK is running out of gas

National Grid has issued a warning it may not have enough gas to meet UK demand today as the cold snap continues. It is in response to a series of “significant supply losses resulting in a forecast end of day supply deficit”. Big businesses and industry that use a lot of gas could be asked […]

Continental cold snap ‘pushed up February power prices’

Wholesale power prices in Europe rose 2.7% in February after “cold, calm” weather on the Continent led to a dip in renewable energy output, according to a monthly report on power prices from Platts out today. The average cost of day-ahead power in Continental Europe was €53.95 per megawatt hour (£47.07/MWh) in February, rising from […]