BSC Insights

Unprecedented Price Spikes in 2021

In 2021, we have seen the highest System Prices since 2001. The highest price this year was £4,000/MWh on 8 January in Settlement Periods 39 and 40. On 12 April 2021, the System Price was over £1,000/MWh for five consecutive Settlement Periods.

In this BSC Insight, one of our Product Analysts, Angus Fairbairn, looks into how and why these high prices occur.

output from wind farms in Britain in December 2019 was the highest all year

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