How will it help consumers and what does it mean for the grid?
It will provide a benchmark for DNOs looking to grow flexibility
The search for the new chief executive is now underway, with the aim to conclude the process by the end of 2022
The numbers speak for themselves: in less than three years renewable energy developer, Novus has secured more than 1,100 megawatts-worth of viable grid capacity across 34 sites – with this achieved at distribution level alone.
With the use of former Retail Sector building stock and office buildings into residential units – or HMO’s, it is becoming apparent that utility connections and building services are not being considered early enough in the project as they bring with them specific challenges.
A new online tool makes real-world network information accessible and transparent to help organisations decide where to install charging equipment
They recover their allowed revenues from charges to suppliers, who in turn pass these costs to customers through their energy bills
Consumers providing the flexibility services will typically be paid around £300/MWh
It is expected to dramatically reduce the duration of unplanned power cuts
Charles Hendry will scrutinise the electricity distribution network operator’s future business plans