In keeping with The Wall Road Journal on Monday, the wholesale vitality worth within the U.Ok. on Sept. 8 was 33.66 euros per MWh. It was 132.20 euros on Aug. 9 and 46.97 euros on Sept. 8 final yr. The WSJ reported that vitality costs soared in France, the Netherlands and Germany the place the grid is related.
“When the wind stops blowing, an vitality storm brews,” reported The Occasions on Saturday. The whether or not within the U.Ok. has been scorching and windless as if its midsummer. The generators of wind energy mills put in by the seashore stopped together with the air present, which ultimately prompted issues in electrical energy provide. The U.Ok. generated 42% of the nation’s vitality from renewable sources similar to wind and solar energy final yr. Pure gasoline accounted for 34%, nuclear energy 17% and the remainder included coal and different sources.
Consultants identified that an excessive amount of dependency on renewable vitality may trigger a severe concern in vitality provide. “The problem would have been severe if this occurred in wintertime when the vitality demand peaks,” stated Stefan Konstantinov, an vitality specialist at analyst agency ICIS. “Gasoline and coal energy crops resumed operation to fill within the void. Coal energy, which had been averted as a consequence of carbon emission rules, is garnering consideration once more.”
British Prime Minister Boris Johnson introduced final yr to extend the wind energy capability by 4 occasions from the present stage by 2030. The U.Ok. operates offshore wind energy mills that may produce 10GWs of electrical energy. “Residents will obtain stunning vitality payments this winder,” reported The Occasions. “There are rising issues within the total vitality sector.”
Eun-Taek Lee [email protected]