After Wind Speeds Dropped, UK Electricity Prices Rose 10,000%
britain wind farmLast Wednesday the wind died, and Britain’s fleet of thousands of wind turbines mostly stopped turning.
The engineers at National Grid had seen the problem coming: temperatures and wind speeds had been low all week and were forecast to fall further.
Their response was to issue a ‘margin notice’ – a warning to generators that extra capacity was going to be needed. Prices rocketed from their normal £40 per megawatt-hour to over £100.
Some held off taking this remarkable price, and when the grid still couldn’t balance supply and demand in the evening peak, were rewarded with even higher sums.
https://climatechangedispatch.com/wind-speeds-dropped-uk-electricity-prices-rose/
