Article 5RYJC Wholesale energy prices hit second highest level in at least three years

Wholesale energy prices hit second highest level in at least three years

by
Mark Sweney
from Environment | The Guardian on (#5RYJC)

Low wind speeds on Monday pushed UK price for peak period of 5pm to 6pm to over 2,000 per megawatt hour

Wholesale energy prices hit the second highest level in at least three years on Monday, adding pressure on suppliers struggling to secure electricity and gas at competitive rates.

Low wind speeds were to blame for pushing wholesale energy prices for the peak period between 5pm and 6pm over 2,000 per megawatt hour, only the second time they have surpassed this level since 2018.

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