Jolyon@jolyon

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UK EU electricity imports heatwave

During the recent heatwave, the UK paid up to 1,600% more for emergency electricity imports from Europe. The grid operator had to plead with the EU to lift restrictions, eventually importing 2.3 GW at exorbitant rates of £1,400 per megawatt-hour. This was triggered by lower-than-expected solar generation and a surge in air conditioning demand. The additional costs added £11 million to consumer bills, as reported in the linked article.

2mo

Jolyon@jolyon

Follow

UK EU electricity imports heatwave

During the recent heatwave, the UK paid up to 1,600% more for emergency electricity imports from Europe. The grid operator had to plead with the EU to lift restrictions, eventually importing 2.3 GW at exorbitant rates of £1,400 per megawatt-hour. This was triggered by lower-than-expected solar generation and a surge in air conditioning demand. The additional costs added £11 million to consumer bills, as reported in the linked article.

2mo