Power Prices Rise, Commodities Fall
Power contracts rise, commodities fall. GB experiences its greenest power production ever.
Wind generation increased last week and surprisingly, so too did power prices. This was due to a decrease in temperatures and outages in several power plants across the UK. Underlying commodities, coal and Brent crude oil dropped by 2.9% and 3.0% respectively. Meanwhile, it was another excellent week for clean energy with Great Britain experiencing its greenest ever period of power generation!