We have seen margins tighten with renewable output low on wind, this results in the need to run the more expensive thermal plants to increase supply. Which in turn has…
Cold weather and relatively low wind speeds are supporting prompt gas and power contracts. Strong gas demand for heating is also moving short term power contracts higher. “Even though market…
“We are seeing colder than normal weather settling into Europe over the next week which should be supportive for gas and power prices” “Obviously we had the really warm winter…
UK Power Pricing Supported by Vaccine News After some price weakness in UK gas and power pricing last week the market found some support on vaccine news and moves in broader…
Subsidy-Free Solar Projects are increasing at pace throughout the UK. Lightsource BP is among the companies announcing 49.9MW solar farms. Potential UK subsidy-free development pipeline of over 10GW. We have…
New rules will allow large energy storage projects to bypass national planning system. This means the effective cap on 50MW projects is removed. Potential for much larger battery storage projects…
“It was great to look back at the generation numbers for last month and see how much of it was renewable. With some base assumptions it looks like May is…
The Secretary of State for Business, Environment and Industrial Strategy (BEIS), Alok Sharma has granted development consent for the UKs largest solar scheme – Cleve Hill Solar Park, located on…
