For the first time , renewables have the biggest share of Britain’s electricity generating infrastructure, overtaking the 40.6GW of capacity available from fossil fuels.
A third of fossil fuel generating capacity has retired over the last five years – whilst the capacity from wind, solar, biomass, hydro and other renewables has tripled, taking the total renewable capacity available on the system to 42GW.
Fantastic news. But we've still got a long way to go.
More renewables are crucial for reducing carbon emissions and helping us to meet our climate targets – but flexible, lower carbon generation, is also clearly vital for controlling the costs of maintaining a stable, low carbon power system.
Having a ‘brittle’ power system with limited flexibility will be more expensive to control. More flexible generation, storage and demand-side response will be critical in minimising system costs in the future.
Hyperion are leading the charge for the best possible future of the clean energy transition, working with leading energy storage and flexibility clients across the world to find the best people to build their businesses around. Please get in touch to learn more about our approach and recent case studies.
Fossil-fuel capacity has declined as old power stations are retired. A quarter of the country’s coal-fired output has closed in the last year, leaving just six generators in the country, according to the report. Fossil fuel and renewables capacity aren’t directly comparable as supply from the sun or wind can be sporadic. The cost of balancing this intermittency on the network rose to a 10-year high of 3.8 million pounds ($5 million) a day during the third quarter.