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We are pleased to present our GB Wholesale Market Summary for October.

Highlights from the report include:

  • The average power price in October was £164.4/MWh, a 7% decrease since September
  • Despite higher average gas and carbon prices, power prices fell in October due to increased wind production which contributed 36% of the month’s domestic output, compared to just 19% in September
  • The UK-ETS traded at an average of £61/tCO2 in October, a £3/tCO2 increase relative to September
  • Average CCGT load factors decreased from 38% in September to 28% in October, and those for offshore wind doubled from 27% to 53%
  • Consequently, domestic power sector emissions totalled 3.1 MtCO2e, a 23% decrease relative to September

This summary is free to view, and a limited version of the content our subscribers receive. You can find out more about our GB Power market service here.

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