Unabated gas generators are expected to set wholesale prices less than 10% of the time by 2030, the government has forecast, significantly weakening the link between gas and electricity prices. The Department for Energy Security and Net Zero said this would happen in its higher demand scenario in which unabated gas generation would become the marginal plant in the wholesale merit order in fewer than 45% of hours next year. The department included the forecast in the second consultation document for its Review of Electricity Market Arrangements.
Link between gas and power prices rapidly diminishing
