Actual Price vs Gas-Only Price

This chart compares the real UK wholesale electricity price against an estimated price if renewables weren't generating at all. The gap between the two lines is the saving delivered to consumers by wind and solar in each half-hour period over the last 24 hours. The vertical axis is £/MWh.

Source: Elexon BMRS half-hourly settlement prices. Gas-only price estimated using the merit order suppression model (Cludius et al. 2014; Clò et al. 2015). Updated hourly.
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