uk power prices rise amid cold snap and low wind generation

UK day-ahead power prices have risen for the second consecutive session due to cold weather conditions and a decrease in wind generation. The increased demand for heating has also contributed to the price increase.

The ongoing challenges in energy supply caused by low wind levels have led to over-the-counter prices for baseload power increasing by up to 3.4%. This reliance on alternative energy sources to meet consumer needs is expected to continue.

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