GB Renewables market summary – December 2018
Aurora is pleased to present its latest GB Renewables Market summary report.
Highlights from December include:
- The average power price in December increased to £61.4/MWh, a £0.2/MWh increase from the previous month, largely due to an increase in the EU ETS carbon price.
- Capture prices for onshore and offshore wind reached £60.0/MWh and £59.3/MWh respectively, while solar PV generators received a capture price of £62.8/MWh, £1.4/MWh higher than baseload.
- Average onshore wind and offshore wind load factors dropped by 4 and 6 percentage points respectively, to 31% and 52%, though high wind speeds led to 8 negative price periods during the month.
If you would like to discuss the findings, please get in touch.
