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Electricity price record.. last night

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By *rFunBoy OP   Man
over a year ago

Longridge

At £1950 per MWh at 7pm last night, Wind generation less than 10%, December record of £1650 was smashed.

Flexible Demand Scheme times are 5pm to 6pm where those were paid not to consume where price was £750/MWh, then we slipped into the 7pm and Demand was high, so prices rocketed.

Office of National Statistics reported last week by 2035, UK demand for electricity will rise by another 60% - yet commented on government planning to ensure reliability and security of supply into a future of EVs and Heating by electrification away from gas- one problem:

There are no plans!!

Then it was announced this week that during times of high Wind over the last 12 months, 6% off potential UK production was lost due lack of infrastructure able to bring the power to the mainland to be consumed and Wind farms told to shut down turbines to prevent overload. Last year a company laying a delayed cable from Scotland to North Wales was fined as it was significantly delayed.

Estimated costs of telling Wind farms to restrict, while at the same time to ensure supply, Gas generation is paid for over the next 10 years - £10 Billion which again will be directly added to our bills within the price CAP calculation.

This, at a cost of £200 million to compensate Wind farm losses while during the very same periods, National Grid paid Gas Generators £700 million to make up the shortfall which will be added to 'our' energy bills to cover the cost of energy that otherwise would have been generated, used and very cheap.

In all that has happened over the last 12 months and over the last 20 years, government still fails to grasp that plans need making to keep the lights on in this country without reliance on others.

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By *I TwoCouple
over a year ago

PDI 12-26th Nov 24


"At £1950 per MWh at 7pm last night, Wind generation less than 10%, December record of £1650 was smashed.

Flexible Demand Scheme times are 5pm to 6pm where those were paid not to consume where price was £750/MWh, then we slipped into the 7pm and Demand was high, so prices rocketed.

Office of National Statistics reported last week by 2035, UK demand for electricity will rise by another 60% - yet commented on government planning to ensure reliability and security of supply into a future of EVs and Heating by electrification away from gas- one problem:

There are no plans!!

Then it was announced this week that during times of high Wind over the last 12 months, 6% off potential UK production was lost due lack of infrastructure able to bring the power to the mainland to be consumed and Wind farms told to shut down turbines to prevent overload. Last year a company laying a delayed cable from Scotland to North Wales was fined as it was significantly delayed.

Estimated costs of telling Wind farms to restrict, while at the same time to ensure supply, Gas generation is paid for over the next 10 years - £10 Billion which again will be directly added to our bills within the price CAP calculation.

This, at a cost of £200 million to compensate Wind farm losses while during the very same periods, National Grid paid Gas Generators £700 million to make up the shortfall which will be added to 'our' energy bills to cover the cost of energy that otherwise would have been generated, used and very cheap.

In all that has happened over the last 12 months and over the last 20 years, government still fails to grasp that plans need making to keep the lights on in this country without reliance on others."

Lol, sensationalism at it's best, what's the average price been for the last month ?

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By *I TwoCouple
over a year ago

PDI 12-26th Nov 24

FYI

The average price per MW

Yesterday £233

Last week £159

Last year £190

I suppose when it gets a little cold people use a bit more electric and supply and demand puts the prices up.

Can't remember the number of days that the rotational power outages occurred though ? Maybe you can remind us ?

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By *rFunBoy OP   Man
over a year ago

Longridge

I love uninformed words of wisdom..

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By *ouple in LancashireCouple
over a year ago

in Lancashire


"I love uninformed words of wisdom.."

Very oxymoronic of you..

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By *I TwoCouple
over a year ago

PDI 12-26th Nov 24


"I love uninformed words of wisdom.."

You most certainly do

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By *rFunBoy OP   Man
over a year ago

Longridge

Seems I tell it as it is, but is it not strange the same responses, from the same corner who just likes to comment on whatever I post.

Hey Ho.. time will tell.

Independent reports of government performance are sensationalist, really! Did you even read it before commenting - I doubt it.

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By *I TwoCouple
over a year ago

PDI 12-26th Nov 24


"Seems I tell it as it is, but is it not strange the same responses, from the same corner who just likes to comment on whatever I post.

Hey Ho.. time will tell.

Independent reports of government performance are sensationalist, really! Did you even read it before commenting - I doubt it."

You should stick to discussing the subject rather than slinging insults

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By *ove2pleaseseukMan
over a year ago

Hastings


"At £1950 per MWh at 7pm last night, Wind generation less than 10%, December record of £1650 was smashed.

Flexible Demand Scheme times are 5pm to 6pm where those were paid not to consume where price was £750/MWh, then we slipped into the 7pm and Demand was high, so prices rocketed.

Office of National Statistics reported last week by 2035, UK demand for electricity will rise by another 60% - yet commented on government planning to ensure reliability and security of supply into a future of EVs and Heating by electrification away from gas- one problem:

There are no plans!!

Then it was announced this week that during times of high Wind over the last 12 months, 6% off potential UK production was lost due lack of infrastructure able to bring the power to the mainland to be consumed and Wind farms told to shut down turbines to prevent overload. Last year a company laying a delayed cable from Scotland to North Wales was fined as it was significantly delayed.

Estimated costs of telling Wind farms to restrict, while at the same time to ensure supply, Gas generation is paid for over the next 10 years - £10 Billion which again will be directly added to our bills within the price CAP calculation.

This, at a cost of £200 million to compensate Wind farm losses while during the very same periods, National Grid paid Gas Generators £700 million to make up the shortfall which will be added to 'our' energy bills to cover the cost of energy that otherwise would have been generated, used and very cheap.

In all that has happened over the last 12 months and over the last 20 years, government still fails to grasp that plans need making to keep the lights on in this country without reliance on others."

So why was demand so high at 6pm 7pm I guess most people cooking dinner/ supper.

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