UK Solar Power Output Hits Record High Amid Gas Decline

 



The UK's gas production dropped by more than a third in the second quarter to 13.4TWh, the lowest amount Montel Analytics has monitored over the preceding 20 years.Throughout the quarter, there were also notable fluctuations in the price of petrol. It started at £23.24/MWh, dropped as low as £21.26/MWh in the beginning of April, and then increased to above £23.00/MWh for the bulk of the month. The prices peaked on June 3rd at £30.06/MWh and increased by more than £26.00/MWh during the remainder of the quarter, culminating at £27.35/MWh.


The average demand for the transmission system fell to 23.5GW in Q2, the lowest level since the initial lockdown in 2020. 



The transmission system's average demand dropped to 23.5GW in Q2, which is the lowest amount since the first lockout in 2020. The pleasant weather in May and late June, greater solar power generation, and load shifting made possible by batteries and other technologies were the causes of this reduction.


In Great Britain, 47% of the total power generation mix came from renewable sources. 17.2TWh came from wind power, 6.8TWh from biomass, and 1.1TWh from hydropower. Solar power increased from 4.90TWh in Q2 of last year to 5.1TWh, the greatest level ever recorded for any recent quarter.

Phil Hewitt, Director at Montel Analytics, commented on the changing energy dynamics, stating, “Solar generation rose by 4% on Q2 last year, which is lower than the previous year-on-year growth in Q2 2023 but this is in the context of some pretty horrible weather.”

Hewitt further explained, “The pattern of demand destruction continued due to warmer weather and people and businesses becoming more conscious of limiting their energy costs. Higher levels of net imports resulted in very low gas output, while gas prices increased steadily following a decline in the previous quarter. This rise was driven by several factors including escalating tensions in the Middle East affecting liquid nitrogen gas (LNG) shipments, an earlier-than-expected stop in Russian gas flows to Austria, and reduced supplies from Norway due to maintenance at production.”

The report highlights a pivotal moment in the UK's energy sector, emphasizing the growing impact of renewable energy sources and the complex interplay of global factors influencing gas prices and supply.

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