Tag #Long-Duration Energy Storage

What is the immediate impact of the recent drop in wind power generation on Britain's energy market?

Britain's wind power output plummeted to near zero this week due to unusually calm weather, causing wholesale electricity prices to surge to almost seven times the pre-pandemic average. This forced reliance on gas power, costing over £500/MWh. However, an incoming storm is expected to increase wind power generation 40-fold within 48 hours, drastically reducing prices.