Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
Finance

UK wind farms forced to power down, resulting in millions lost

British energy bills were burdened with an additional £500 million in 2021 as the National Grid incurred fees to compensate wind farms for shutting down.

This amount represents a notable increase from the £299 million spent in 2020 due to the lack of infrastructure to distribute the generated renewable energy to its intended destinations.

According to official figures, wind farms across the UK received a total of £806 million in “curtailment costs” during the years 2020 and 2021, with a significant 82% of that sum paid to generators situated in Scotland.

In response to this escalating issue, First Minister Humza Yousaf has taken action by writing a letter to Chancellor Rishi Sunak, urgently calling for increased support and investment in long duration energy storage technologies, with a particular emphasis on pumped hydro storage energy.

Yousaf proposes the implementation of a market mechanism as a viable solution to address the pressing challenges faced by the UK’s energy sector.

Network with hundreds of businesses and public sector organisations taking bigger steps to net zero. Book your FREE ticket to the Big Zero Show 2023 now. 

If you enjoyed this story you can sign up to our weekly email for Energy Live News – and if you’re interested in hearing more about the journey to net zero by 2050, you can also sign up to the future Net Zero newsletter. 

Read the full article here

Leave a Reply

Your email address will not be published. Required fields are marked *