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The Guardian - UK
The Guardian - UK
National
Alex Lawson Energy correspondent

UK power prices hit record high amid cold snap and lack of wind power

United Kingdom wind power National Grid Electricity
Snow plough in Scotland
Large areas of the country, from Scotland’s Cairngorms National Park (pictured) to south-east England, have had snow over the weekend. Photograph: Jane Barlow/PA

UK power prices have hit record levels as an icy cold snap and a fall in supplies of electricity generated by wind power have combined to push up wholesale costs.

The day-ahead price for power for delivery on Monday reached a record £675 a megawatt-hour on the Epex Spot SE exchange. The price for power at 5-6pm, typically around the time of peak power demand each day, passed an all-time high of £2,586 a megawatt-hour.

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