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Omer Haroon Malik: All Articles

Record electricity imbalance prices in GB – what does it mean for the future?

Originally published in APEx Newsletter Volume XVII – June 2021

Last year a new record was set for Britain’s longest ever ‘coal-free’ electricity generation period, totalling 67 days between April and June. It is an example of the progress the sector needs to make to meet the UK Government’s net zero commitment. As the manager of the Balancing and Settlement Code, one of the key commercial arrangements for companies operating in the GB energy market, Elexon fully supports this commitment.

Transitioning to a decentralised system with much more intermittent generation results in…