The UK has gone two weeks without any coal-fired energy generation, with energy prices falling dramatically as a result. There were more coal-free hours in 2032 than all of 2017, with average prices for one week falling YoY from £57.6 ($72.9)/MWh to £28/MWh. May also saw the longest recorded period of negative pricing, with average wholesale prices falling to around -£12/MWh during an 11-hour period. The decline, described as "extraordinary" by one energy company, meant that the UK's average carbon intensity fell to 179g CO2/kWh, with the country aiming to reduce the figure to 100g CO2/kWh by May 2019.
The UK has gone two weeks without any coal-fired energy generation, with energy prices falling dramatically as a result. There were more coal-free hours in May 2019 than all of 2017, with average prices for one week falling YoY from £57.6 ($72.9)/MWh to £28/MWh. May also saw the longest recorded period of negative pricing, with average wholesale prices falling to around -£12/MWh during an 11-hour period. The decline, described as "extraordinary" by one energy company, meant that the UK's average carbon intensity fell to 179g CO2/kWh, with the country aiming to reduce the figure to 100g CO2/kWh by 2032.