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Energy Prices Drop Below Zero in UK Thanks to Record Wind-Generated Electricity

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20 Dec, 2024

This post was originally published on Eco Watch

Record wind-generated electricity across Northern Ireland and Scotland Tuesday night pushed Britain’s power prices below zero.

Wind output peaked at a record high 22.4 gigawatts (GW), breaking the previous high set Sunday evening, the national system operator said, as Bloomberg reported. The record output provided more than 68 percent of the country’s power.

From 5:30 to 6:30 a.m. on Wednesday, the half-hourly price fell to 6.57 pounds per megawatt-hour, according to data from European power exchange Epex Spot.

“Setting another clean electricity generation record just four days after the previous high shows the pivotal role wind is playing in keeping the country powered up during the festive season,” said Dan McGrail, chief executive of RenewableUK, as reported by Yahoo Finance. “This is also demonstrated by today’s official figures which reveal that renewables have generated more than half our electricity for four quarters in a row.”

The record was a major reversal from last week’s low wind output when electricity was mostly supplied by gas.

The enormous fluctuations in Europe’s weather have demonstrated the challenge to governments in supplying power as the transition to renewable energy speeds up, Bloomberg reported.

When weather in the United Kingdom is cloudy or winds are calm, gas will still be used to generate electricity.

Wind turbines in the hills of County Antrim, Northern Ireland. Alan Currie / iStock / Getty Images Plus

“Indeed, toward the end of last week, windless days saw UK gas-fired plants churn out the most electricity on record. And despite the return of gusty weather since then — with wind output still above 22,000 megawatts on Wednesday morning — robust demand has kept gas-fueled plants online,” reported Bloomberg.

The unpredictable conditions and refueling outages at some nuclear power plants led to gas-fired plants generating roughly 70 percent of the country’s power at times, The Times reported.

Energy prices in the negative numbers have been recorded for 131 hours in the UK this year, an increase of 45 hours over 2023.

NESO, Britain’s energy system manager, has said the country would need approximately 22GW of battery storage — an increase of 17GW — to assist with managing system volatility as intermittent renewable power supplies more of the UK’s electricity.

Wind power was the largest source of energy in the UK from January to September of 2024.

The UK’s Labour government has a goal of quadrupling offshore wind power, doubling onshore wind and tripling solar by 2030, with an overall target of 95 percent green energy.

“This is a historic shift which shows that Britain’s successful transition to clean power is taking place at amazing speed, as we celebrate a landmark year for the UK’s world-class renewable energy sector,” McGrail said, as reported by Yahoo Finance.

Wind turbines in Aberdeen Bay, Scotland. Gannet77 / E+ / Getty Images

The post Energy Prices Drop Below Zero in UK Thanks to Record Wind-Generated Electricity appeared first on EcoWatch.

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Australasian Waste Recycling Expo debuts as ReGen at ICC

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Australia’s circular resource exhibitors, buyers and thought leaders are set to attend ReGen | Australia’s Circular Resource Expo, taking place on 23–24 July 2025 at ICC Sydney.

The two-day trade event, organised by Diversified Australia, marks the evolution of what was previously known as the Australasian Waste Recycling Expo, a longstanding brand dedicated to resource management and waste reduction for over 15 years.

The rebrand to ReGen reflects the expo’s expanded scope and emphasis on the circular economy, welcoming an array of innovative exhibitors, experts and emerging professionals committed to reducing waste, promoting resource efficiency and fostering sustainable markets.

“At Diversified Australia, we’re proud to produce events that drive positive industry change,” said Ali Lawes, event director for ReGen at Diversified.

“ReGen embodies our commitment to equip and empower industry leaders and practitioners in support of Australia’s ambitious 2035 targets for waste elimination, resource circulation, and pollution reduction.”

ReGen will showcase technical displays, offer vital industry insights and feature keynote addresses, panel discussions and networking opportunities.

The program aims to help attendees — from seasoned experts to newcomers — navigate their roles in creating a circular economy that keeps resources in use, minimises waste and regenerates natural systems.

As part of its evolution, ReGen will incorporate Circularity, Australia’s original circular economy conference, into its 2025 education program.

Since its launch in 2022, Circularity has served as a platform for industry practitioners to discuss Australia’s transition to a circular economy.

Now integrated into ReGen, Circularity will reach a broader audience, offering free sessions on topics such as circular product design and sustainable waste management — ensuring these critical insights remain accessible to all attendees.

For the last three years Circularity has been proudly presented by Planet Ark’s Australian Circular Economy Hub in partnership with Diversified Australia.

Planet Ark CEO Rebecca Gilling said that integrating the country’s leading circular economy event into ReGen would offer even more impactful opportunities to drive Australia’s circular transition.

“The inclusion of Circularity into ReGen is a significant step forward in promoting circular economy principles on a national scale in collaboration with the waste and recycling industry,” Gilling said.

“At Planet Ark, we are thrilled to see Circularity evolve into a broader platform, ensuring critical conversations about sustainable resource management and circular product design reach more professionals and innovators than ever before. This partnership underscores the importance of collaboration in building a circular Australia.”

The expo’s name, ReGen, represents both the regenerative practices it champions and the generational transformation required to meet sustainability goals.

ReGen invites participants to “Rethink, Redesign, Repurpose, and Renew” as they contribute to a circular and sustainable future for Australia.

For more information and to register, visit regenexpo.com.au

Image credit: iStock.com/izusek

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