Today’s Solutions: May 06, 2024

It’s well-known that generating green energy can help you save money, but for some people in the UK, producing and using green energy is actually getting them paid during the coronavirus lockdown.

On Sunday morning, windfarms contributed almost 40% of the UK’s electricity, while solar power made up almost a fifth of the power system. Fossil fuels on the other hand made up less than 15% of electricity, of which only 1.1% came from coal plants. Meanwhile, the country’s energy demand has fallen by around 10% due to the shutdown of pubs, restaurants, companies and factories across the country, leading to the lowest electricity market prices in 10 years.

Households on a new breed of home energy tariff will even be paid to use electricity during the day on Sunday, because sunny weather and a brisk breeze will help generate ample clean electricity to meet the UK’s lower energy needs.

The so-called “negative electricity prices” have previously only been available to homes overnight, when demand is typically at its lowest. But the impact of the coronavirus lockdown and the bright spring weather mean some homes will be able to earn money while using clean electricity during the day for the first time.

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