Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Britain puts coal plant on standby as warm temperatures ramp up demand

Published 12/06/2023, 13:48
Updated 12/06/2023, 14:26
© Reuters. FILE PHOTO: The logo of German energy utility company Uniper SE is pictured in the company's headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen/File Photo

By Susanna Twidale

LONDON (Reuters) - Britain’s National Grid (LON:NG) has asked Uniper to ready a unit at its Ratcliffe coal-fired power plant in case extra electricity is needed on Monday amid warmer temperatures.

Britain has a target to close its coal-fired power plants by October 2024 as part of efforts to cut fossil fuel emissions and meet its 2050 net-zero target.

A market notice, published by the National Grid Electricity System Operator (ESO) showed it has asked for the unit to be ready on Monday afternoon.

National Grid ESO has contracted some coal plants to be available if needed to help balance the country’s electricity supply but they have rarely been used and typically only called up during colder-winter months.

National Grid ESO did not comment on why the notification had been issued. Power plant operator Uniper did not immediately respond to a request for comment.

Temperatures in Britain have reached over 30 degrees Celsius in parts of the country over the weekend leading the country's Met Office to issue a Heat Health Alert indicating older people, or those with health conditions, should take precautions.

“It is a sign of failure that the National Grid is turning to one of the most polluting forms of power generation to deal with a summer heatwave that we know has been made worse because of climate change," Ami McCarthy, political campaigner at environmental group Greenpeace UK said in a statement.

Gas-fired power plants were providing around 41% of the country’s electricity on Monday, with wind power lower than usual, providing just 7%.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

A subsea power cable connecting Britain and Norway has also been operating at half of its capacity due to a technical fault, with full capacity of 1.4 gigawatts (GW) expected to return on Tuesday, Norwegian grid operator Statnett said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.