Q3 2020 BSUoS Analysis
Over the third quarter of 2020, a combination of high renewable output and reduced demand from COVID-19 meant that BSUoS value remained higher than normal when comparing it to the rolling three year average prior to the emergence of COVID-19. The BSUoS flat average...
Q2 2020 BSUoS Analysis
The significant demand reduction due to COVID-19 over the second quarter of 2020 has led to some extreme out-turns in BSUoS value (BSUoS being the charge by which National Grid recovers money from the network to pay for balancing the electricity system). This was...
Power Market Update – May 2020
Britain has now been coal free for over a month – the first time since the industrial revolution! Although this is largely the result of the continued drop in demand and high generation of renewables this is a massive step towards the UK’s ambitions of removing...
Power market update – April 2020
As the lockdown continues and social distancing slowly becomes the norm across the globe, we see the destructive effects that low demand has caused on UK and Global power markets. Over the past 28 days only 0.7% of our power has come from coal, driven by low demand,...
