AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Wind Is Now UK’s Top Electricity Source With Gas Falling to Decade Low

admin-augaf by admin-augaf
January 6, 2025
in Business, Finance
Reading Time: 2 mins read
0
Wind Is Now UK’s Top Electricity Source With Gas Falling to Decade Low
Share on FacebookShare on TwitterWhatsapp

London January 6 2025: The UK’s wind turbines have overtaken gas plants for the first time as the number one source of electricity, though they’re still a long way from ambitious targets for a clean grid by 2030.

Wind represented 29% of the country’s generation mix last year, with gas shrinking to just a quarter, according to data from the National Energy System Operator.

The UK plans a huge buildout of wind power in the coming years to more than triple today’s offshore capacity in the hope that cheap renewables will provide the vast majority of generation at the start of the next decade. The idea is both to cut emissions and lower bills for consumers.

The last time gas made up such a small share of generation in the country was in 2013, when coal dominated the system and renewable power was operating at much lower levels. The NESO data includes storage and electricity imports.

But, despite the milestone, more wind and less gas doesn’t necessarily lead to lower power prices. Government plans for the country’s energy future include a relatively stable amount of gas capacity with the expectation that it will be needed a lot less of the time. The intermittent nature of wind, which is now dominating the grid, means that this backup supply is needed.

Running gas plants for less time but still needing them as a backup can sometimes lead to more expensive power prices.

Government plans would see offshore wind capacity increasing more than threefold to as much as 50 gigawatts by 2030. This is already increasingly leading to grid congestion, with windier areas curtailing generation because power can’t be transported to the areas that need it most.

An ongoing review of the electricity market could split the UK into different zones, each with a separate price, reflecting the balance of supply and demand and how much space there is on the grid. This review is expected to conclude early in 2025.

Another change last year was that imports of electricity overtook nuclear generation as the third-largest source of power.

The UK has turned to imports from Europe after closing its final gas plant earlier this year. However, the government also promised to reduce bills for consumers, in part by relying less on purchases from abroad and more on domestic renewable sources.

admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.