We’re pleased to share with you our latest GB Wholesale Market Summary, for August 2021.

Key highlights include:

  • Average power prices in August climbed to £106.20/MWh driven by the continued increase in gas and carbon prices, a 12% increase on July
  • The UK-ETS traded at an average of £48/tCO2 in August, a £4/tCO2 increase relative to July
  • Despite a significant drop in Solar generation since July, increases in wind and nuclear generation led to a drop in total thermal generation from 57% to 55% of the fuel mix for August
  • Consequently, emissions reduced to 3.4 MtCO2e, a 15% decrease relative to the month prior
  • Much higher wind speeds led to a 52% increase in onshore wind load factors relative to July

 
This is a limited, public version of subscriber content. Why not find out more about our GB Power subscription? And if you have questions, please get in touch.

Sign up to receive our latest public insights straight to your inbox

Sign Up