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 even being paid to use their electricity, new data indicates. With April ushering in sunny skies and breezy weather, output from renewables reached almost 65 per cent of the UK’s overall electricity mix for a period on Sunday, while overall demand for power has been between 10-15 per cent lower than usual since lockdown measures were enforced in March. National Grid ESO’s carbon intensity data during the middle of yesterday showed onshore and offshore wind power taking an almost 40 per cent share of power on the grid, with solar providing just below a quarter, and biomass delivering just under three per cent of the mix. Nuclear, meanwhile made up just under 16 per cent of the mix, taking low carbon power’s share of the UK’s power supply to around 80 per cent for a short period yesterday, with gas plants providing around 14 per cent, coal plants on less than one per cent, and imports making up the bulk of the remainder. The performance follows yet another record breaking year for renewables in 2019, with data released late last month revealing renewables provided just under 37 per cent of the UK’s electricity, as emissions across the economy dropped by 3.6 per cent to their lowest level since the 1800s.
Business Green 6th April 2020 read more »
Octopus Energy is set to pay its UK customers to use electricity during the day as a result of an increase in solar and wind energy production, according to the Guardian. Octopus customers currently on the agile tariff will earn between 0.22p and 3.3p per kWh of electricity consumed on Sunday, between 11 am and 4 pm. These negative electricity prices – usually implemented at night, when consumption is at its lowest – were introduced due to the coronavirus lockdown and the favourable weather that led to a power surplus.
Power Technology 6th April 2020 read more »