Prices Rise Amid Hottest April Day Since 1949
UK experienced it’s hottest April day since 1949. Great Britain achieves more than two full days without burning coal.
GB reached a renewables milestone this week, after going more than two full days without coal-fired generation for the first time since the Industrial Revolution. High levels of wind and solar and warmer temperatures were to thank, and it’s expected that this milestone will be surpassed regularly throughout the summer. Seasonal power contracts in the wholesale market experienced gains, while carbon prices reached their highest price in seven years.