Green grid: Surging renewables and low demand cause UK power prices to plummet

Michael Holder
clock • 3 min read

Sunny and breezy weather coupled with lower demand for power due to lockdown prompted negative electricity prices on Sunday

Low demand for power during the current coronavirus lockdown coupled with surging wind and solar generation caused electricity prices to plummet over the weekend, with some consumers on flexible tariffs...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Analysis: UK electricity reached 'cleanest ever' level in 2024

Analysis: UK electricity reached 'cleanest ever' level in 2024

UK generating less than half as much electricity from fossil fuels as a decade ago, according to new Carbon Brief analysis

Stuart Stone
clock 02 January 2025 • 4 min read
Poll: Two-thirds of Britons back UK drive to become 'clean energy superpower'

Poll: Two-thirds of Britons back UK drive to become 'clean energy superpower'

Fresh poll findings again underscore strong public support for UK clean power transition

Michael Holder
clock 23 December 2024 • 3 min read
Japan targets up to half of power from renewables by 2040

Japan targets up to half of power from renewables by 2040

Plus Pakistan and Bahamas back global fossil fuel non-proliferation treaty, Ecuador's debt-for-nature swap, and other top green business stories from around the world this week

Michael Holder
clock 20 December 2024 • 8 min read