Gas is setting the wholesale price less often

Estimated % of hours where wholesale prices are materially below the short-run marginal cost of a gas power station

Price threshold: at least 25% below the average monthly short-run marginal cost of a 60%-efficient gas power station, including gas, carbon price support and ETS costs.
Chart: Centre for British ProgressSource: Low Carbon Contracts Company; Ofgem wholesale market indicatorsGet the dataCreated with Datawrapper