The following chart of UK generation, interconnector flows, demand and day ahead prices, for the past year. It displays daily averages for the various items. Do click on the chart to see an enlarged version.
The early part of the year is dominated by a regime of good wind output, supplemented by significant net imports from the Continent and some coal burn.
The start of the Ukraine war sees prices spike upwards in March followed by a collapse of wind as the spike abates.
France has remained a net importer throughout. It usually is an exporter!
By mid April, with demand lower, imports have been cut back and exports commence in earnest.
The role of CCGT in balancing the variations in wind output is clear.
Also all generation above the yellow domestic demand line is dispatchable, and thus can be thought of as the marginal origin of exported power. It is clear that the export was driven by excess gas burn.
As Nordstream is progressively shut down over the early summer, due to EU sanctions, prices continue to rise, culminating in a price spike in late August after the pipeline had been completely shut down, and it became clear, it was unlikely to restart.
More than a month afterwards the pipelines were sabotaged by the UK (PM Truss sent a ONE-WORD email to US Secretary of State Blinken a few minutes after the blowup: "DONE"
Electricity markets barely registered a flicker as prices collapsed again.
Interconnector export mode continued until end November, when the weather suddenly turned cold, sending electricity demand (and gas demand) higher.
October and November were mild and windy, with the mild weather leading to a much slower than anticipated natural gas stock drawdown on the Continent, and once again long queues of LNG ships awaiting discharge.
The ability of the UK to handle a high volume of LNG and re-export it either as gas via the pipelines from Bacton to Belgium and the Netherlands, or as electricity via inter-connectors, allowed the purchase of cheap LNG (thus saving big demurrage bills for cargo owners, while ships are at anchor awaiting discharge), and that kept electricity prices down.
The windier weather helped a little, but wind really only set prices during low demand overnight on windier days – enough to affect the day average.
The cold weather induced another price spike to the highest day ahead levels of the year, as a combination of industrial, and even consumer demand destruction, and bidding for inter-connector supply, during extreme Dunkelflaute, were necessary, as available capacity was running at maximum.
The end of the cold snap and the start of the low demand period over Christmas has seen prices fall back.
U.S. Sen Angus King
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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