As renewables play a greater role in the British market, they are making the price of power increasingly unstable
As the sun shone on millions of solar panels and unseasonable gusts turned thousands of turbine blades last Sunday, something remarkable happened to Britain’s power grid.
For a brief period, a record 70% of the electricity for the UK’s homes and businesses was low-carbon, as nuclear, solar and wind crowded out coal and even gas power stations. That afternoon was a glimpse into the future, of how energy provision will look in 13 years’ time because of binding carbon targets.