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Home/GB System Performance Report – March 2018

GB System Performance Report – March 2018

Aurora’s System performance report provides a monthly snapshot of key operating characteristics for the GB power system. Which fuels are most used? Which power plants most profitable? How would a change in the price of gas or coal impact the system price through the dispatch?

Highlights of our March report include:

  1. A cold spell coupled with a spike in gas prices caused the power price to exceed £200/MWh in 38 settlement periods over the first two days of March.
  2. The average power price for the month rose to £62/MWh, a 48% year-on-year increase, and the highest since March 2013.
  3. Although demand rose by 7% month-on-month since February, margins remained relaxed compared to previous years.
  4. Coal’s share in the fuel mix increased to 17%, its highest since January 2017.
  5. Strikes at French power plants led to an increase in the French power price and limited imports. The UK was a net exporter to France on the 22nd of March.
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