National Grid to explore reasons behind high prices of balancing market

The review will be carried out by National Grid ESO and external consultants

Balancing Market opened up to smaller power providers and technologies

The minimum threshold for taking part in helping balance the system has been lowered from 100MW to 1MW

National Grid confirms pan-European balancing market launch delayed

It said French transmission system operator RTE is ‘experiencing difficulties’ with its implementation of Project TERRE