Low-carbon generation
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Average day-ahead prices rose by 235% in 2021
Increased demand and a drop in renewable generation saw average day-ahead power prices soar by 235% in 2021. Analysis by EnAppSys has shown that the average day-ahead price across the EPEX and Nordpool auctions grew from £35.26/MWh in 2020 to £118.29/MWh last year.
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Drax to invest £40m in BECCS project in 2022
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