This Market Summary presents the April 2022 market data for GB. Metrics include power prices, demand, emissions by technology, and company and plant performance.
Key findings in this report include:
- The average power price in April was £171.1 /MWh, a 28% decrease from March. This was driven by a 44% fall in gas prices coupled with a 13% fall in demand.
- Average capture prices for offshore wind and onshore wind decreased by 28% and 30% from March to £170.1/MWh and £166.4/MWh respectively, while solar capture prices decreased by 25% to £160.5/MWh.
- Average solar load factors increased 30% (reflecting the season change) while onshore wind load factors decreased 11% and offshore wind load factors remained similar to March (1% increase).
- The UK-ETS traded at an average of £78/tCO2 in March, a £2/tCO2 increase relative to March.
