Worth waiting for?

Just over a year on from the delayed launch of the UK’s new electricity trading arrangements, prices have dropped to new lows. But just how low can generators go, asks Joel Hanley

A drop in UK power prices since the launch of the new electricity trading arrangements (Neta) has caught many generators by surprise. It has now come to the point where generation companies may have to close plants or even sell them at a loss.

Since Neta started on March 27, 2001, wholesale electricity prices in the UK have fallen by up to 40%, with prices set to drop to £13.50 ($19.70) per megawatt hour (MWh) in the UK summer (see figure). With power prices so low, many generators are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here