British Green Electricity Crisis – Britain Paid £9.72 / KWh to Keep the Lights On

British Green Electricity Crisis – Britain Paid £9.72 / KWh to Keep the Lights On

• Imagine receiving a quarterly household electricity bill of £10,000 – because this is the kind of money Britain’s Electricity System Operator paid last Wednesday, to prevent blackouts during the heatwave.

"London narrowly avoided blackout as electricity prices surged last week
The UK was forced to pay 5,000% higher than the typical price for electricity to prevent a power blackout in south-east London.
Britain paid the highest price on record for electricity in London last week as the capital narrowly avoided a power blackout, it has emerged.
National Grid’s Electricity System Operator (ESO) was forced to pay £9,724.54 per megawatt hour to Belgium, more than 5,000% higher than the typical price, last Wednesday to prevent a blackout in south-east London, as first reported by Bloomberg..."