Rachel Morison | Bloomberg
Britain’s gone seven days with almost no wind generation and forecasts show the calm conditions persisting until the middle of the month.
The wind drought has pushed up day-ahead power prices to the highest levels for the time of year for at least a decade.Low wind power isn’t a threat to supplies in June when demand is low, but on a dull, dark day in winter, this could be a different story.
The government has to make sure that there is enough back up generation for times when the wind isn’t blowing. Greg Clark, secretary of state for business energy and industrial strategy announced Monday that the U.K. will take the next step toward agreeing to help Hitachi Ltd. finance a new nuclear reactor.
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