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March 2020

On Wednesday night we witnessed an unusually high system price. The imbalance price on the UK grid hit £2,242 at SP37 (1800-1830) and then £1,708 for SP38 (1830-1900). After which, it dropped back down to a ‘normal operating range’, before crashing to £0 making it a night – all in the space of 2 hours.