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Is this electricity price correct?

From the Drax dashboard

if my maths is right £2,900/MWh is 290p/kWh!

Parents
  • Yes, I believe that the price was correct, as a short term peak, not an average.

    We need more energy storage, and more renewable capacity to fill that storage. A new and very large pumped storage scheme is proposed at Coire Glas in Scotland, if built such a scheme would avoid paying such high prices for short notice peak power.

Reply
  • Yes, I believe that the price was correct, as a short term peak, not an average.

    We need more energy storage, and more renewable capacity to fill that storage. A new and very large pumped storage scheme is proposed at Coire Glas in Scotland, if built such a scheme would avoid paying such high prices for short notice peak power.

Children
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