Caton Energy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By:
Deputy Editor
It’s been a dramatic start to 2021 for Britain’s electricity system, with record high prices recorded in both the nation s day ahead market and its Balancing Mechanism.
As low winds and cold temperatures began to tighten capacity on the grid, National Grid ESO - Britain s system operator - issued a number of Electricity Margin Notices (EMN). There have been six this winter already, a number not seen since 2008.
Following each of the most recent EMNs there has been a dramatic reaction in the day-ahead markets, with prices in the N2EX market hitting £1,500/MWh (US$2,051/MWh) on 13 January after the most recent notice was issued. ....

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