• Low carbon generation

    Imbalance price soars to 8-year high as RSP gets used

    Last night's (4 March 2020) imbalance prices reached >£2,000/MWh as National Grid was utilising Short-term Operating Reserve (STOR) generators during this period. Despite these generators requiring a much lower price to ramp up output (utilisation prices are typically less than £50MWh), they were priced in the Imbalance Pricing Mechanism at...