Balancing costs set to reduce nearly by £100m
Forecasts suggest that the total balancing costs, which amounted to £1,413 million in 2023 are…
Forecasts suggest that the total balancing costs, which amounted to £1,413 million in 2023 are…
National Grid ESO anticipates sufficient available supply to meet summer demand at all times
Ofgem has secured £5.53 million penalty from Dorenell Windfarm Limited for excessive pricing,…
The energy regulator has approved a new Balancing Reserve service expected to cut consumer…
The electricity system operator has launched early constraint service to cut consumer energy…
The UK grid balancing costs experienced a 14% drop in June, reaching £112.7 million, according…
Balancing costs are expected to be lower than last summer, according to the ESO's Summer…
The proposed reserve could have potentially saved over £1.5 billion by 2025
Balancing payments increased following a surge in power prices, according to a new report
The regulator has said the new licence condition will prohibit generators from "obtaining…
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