Visit for the latest on our upcoming conferences and webcasts

United Kingdom

United Kingdom

Wind energy prices reach a high at auction

Wind energy prices reached a high of over £0.09 per kilowatt hour in the latest auction of renewable power. A total of 766 MW of green electricity supported under the UK's now defunct Non Fossil Fuel Obligation (NFFO) was sold off to ten bidders in the online auction, held in August. Wind achieved an average price of £0.0905/kWh, not as high as hydro (£0.0941/kWh) or landfill gas (£0.0931/kWh). The contracts are for six months of electricity to be produced from October to March. Because the auction covers a winter period, prices were expected to be higher than the previous auction, which produced an average price of £0.0668. Market prices have been further pushed up by recent rises in fossil fuel prices.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Windpower Monthly Events

Latest Jobs