Demand for the rest of the year and lower solar output will still keep energy firms in business
British summers could be entirely powered without fossil fuels by the middle of the century without breaking the economics of the energy market, according to a report.
But while wind, solar and nuclear power would provide nearly 91% of the country’s electricity by then, up from about 50% today, gas power stations are still expected to be needed during winters.
Analysts at Aurora Energy Research looked at how the wholesale power market would cope if the UK meets its target of slashing carbon emissions 80% by 2050.
They found that the price of power would drop to nearly zero between April and October because of lower demand and the glut of electricity coming from solar panels and windfarms.
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