This data-file contains the output from some enormous data-pulls, evaluating UK grid power generation by source, its volatility, and the relationship to hourly traded power prices. We conclude the grid is growing more expensive and volatile.
Different tabs in the data-file cover the total monthly demand of the UK power grid since 2016, broken down by generation source, month-by-month and smoothed over trailing twelve-month timeframes; statistical analysis of hourly power prices, by day and by quarter; and an hourly cross-correlation of wind generation with power prices (chart below).
We have recently updated the data-file to capture the extreme price spikes and volatility seen in 3Q2021.
The data-file is also regularly updated and we are happy to run bespoke analysis on the underlying data-sets for TSE clients.