The UK avoided the need for gas imports worth £1bn in March 2026 thanks to record electricity generation from wind and solar, reveals Carbon Brief analysis.
Wind generation hit a new record for the month of March on the island of Great Britain, up 38% year-on-year, while solar nearly matched the output of last year’s exceptionally sunny spring.
Together, wind and solar generated 11 terawatt hours (TWh) of electricity in March 2026, up a combined 28% and setting a new record for the month, as shown in the figure below.
Monthly generation from wind and solar in terawatt hours on the island of Great Britain (England, Scotland and Wales), which has a separate electricity system from the island of Ireland, which includes Northern Ireland. Source: National Energy System Operator (NESO) and Carbon Brief analysis.
This record wind and solar output avoided the need to import 21TWh of gas – roughly 18 fully loaded tankers of liquified natural gas (LNG) – which would have cost around £1bn at current high prices due to the Iran war.
(This is based on gas costing 130p per therm, or £44 per megawatt hour, compared with the range of 120-170p per therm seen over the past month.)
At the same time, the record output from wind and solar saw electricity generation from gas falling 25% year-on-year in March 2026 to the lowest level ever recorded for the month.
This meant that gas was setting the price of electricity roughly 25% less often in March 2026 than in the same month in 2022, when fossil-fuel prices spiked after Russia’s invasion of Ukraine.