By Paul Homewood
h/t Gerry, England
The Telegraph has the story about how the National Grid has had to pay idling coal power plants to fire up this week:
Britain’s oldest coal-fired power plants prepared to fire up their hoppers for a price of almost £1,000 per megawatt-hour on Tuesday to avert a power shortfall as temperatures across the country plunge and wind power wanes.
The cold snap ignited the winter’s first warning that Britain would run out of electricity unless idling coal plants ramp up to help meet demand for power.
National Grid said on Monday evening that there was a 100pc probability that the lights would go out within 24 hours unless an extra 2GW of power capacity agreed to help meet demand.
The first negative supply forecast of the season spurred the operators of Britain’s oldest plants to offer their power at prices well above the prevailing…
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