Annual power and gas contracts were down in June. The annual October 15 gas contract rose early in the month, reaching a high of 47.0p/th, before falling to an average of 46.0p/th. This was 1.5% lower than in May. The initial increase was due to worries over the imposed Groningen production cap, limiting the supply outlook; however, higher LNG and Russian supplies compensated for the losses. The winter 15 power contract followed lower, dropping 0.6% to average £45.9/MWh, the lowest level since the contract opened.Spot power and gas contracts also increased initially, as gas generators were running at their highest level in many months. There was a marked decrease in both wind and coal powered generation.
The ability to store solar power for use when the sun isn’t shining would be a dream come true for home owners who have invested in solar panels.
Many thousands of houses are now using hi-tech blackboxes to store solar energy for use at night.
At the moment, solar panels provide “free” energy to households while it is being generated, but they must still buy power from the National Grid at night like everyone else.
Now though, manufacturers are claiming that the blackboxes could cut energy bills as much as 60 percent.
via Is this magic solar box able to provide your house with night time power? | Catalyst Commercial.