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The Guardian - UK
The Guardian - UK
National
Alex Lawson Energy correspondent

UNBELIEVABLE: Uk power prices hit record high amid cold snap and lack of wind power - The Untold Story

United Kingdom wind power National Grid Electricity
Snow plough in Scotland
Large areas of the country, from Scotland’s Cairngorms National Park (pictured) to south-east England, have had snow over the weekend. Photograph: Jane Barlow/PA

UK power prices have hit record levels as an icy cold snap and a fall in supplies of electricity generated by wind power have combined to push up wholesale costs.

The day-ahead price for power for delivery on Monday reached a record £675 a megawatt-hour on the Epex Spot SE exchange. The price for power at 5-6pm, typically around the time of peak power demand each day, passed an all-time high of £2,586 a megawatt-hour.

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