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Home/GB Renewables market summary – October 2018

GB Renewables market summary – October 2018

Aurora is pleased to present its latest GB Renewables Market summary report.

Highlights from October include:

  • Average power price decreased to £61.8/MWh, a 2% reduction from September’s price. Solar capture price decreased along with the baseload price to £60.9/MWh, while wind capture price stayed nearly constant at about £60.6/MWh.
  • Scotland (and thus GB) broke its record for monthly wind output, with a total generation of 1.67 TWh. This represents an increase of nearly 10% compared to the previous record of 1.52 TWh reached in January 2018.
  • The volume of balancing actions taken by onshore wind farms dropped by 14% compared to September with 322 GWh curtailed, which is the same level as observed in October 2017.

If you would like to discuss the findings, please get in touch.

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