balancing costs

Flexibility strategy: game changer or simply warm words?
May 18, 2022

Locational pricing could save £30bn by 2035, finds Energy Systems Catapult

​Locational pricing could save £30 billion by 2035, according to a new study from the Energy Systems Catapult (ESC), commissioned by Octopus Energy.
Image: Getty.
December 23, 2021

Urgency of proposed BSUoS charges deferral approved by Ofgem

​Ofgem has ruled that a CUSC Modification Proposal to defer winter 2021/22 Balancing Service use of System (BSUoS) costs to 2022/23 should be treated as urgent.
Image: Getty.
November 29, 2021

National Grid ESO to review balancing market following rising prices

​National Grid ESO is to undertake a review of the balancing market, citing “very high-cost days” in the Balancing Mechanism in recent weeks.

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