BSUoS

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.

The report showed that although 47% of people working in the renewable sector expect a >5% pay increase

December 21, 2021

Ofgem eyes regulation changes as concerns over high BM costs mount

Ofgem has stated it is ready to use its powers to change market rules if necessary in light of balancing costs doubling between September and November.

December 6, 2021

Balancing Mechanism costs soar to £967m between September-November

The top ten most expensive days in the Balancing Mechanism (BM) ever have occurred in the last three months, as costs soar to £967 million.

California’s sun sharing the perfect model for European electricity

June 30, 2021

Constraint costs could hit £2.5bn as renewable capacity continues to grow

Constraint costs could hit £2.5 billion per year over the next decade, as the generation mix continues to change rapidly.

June 29, 2021

Turbulent year for electricity leads to rising third-party costs

September 24, 2020

Balancing challenges created by COVID-19 key to National Grid ESO missing benchmarks

In National Grid Electricity System Operator’s (ESO) most recent Forward Plan 2020-21 monthly report, the operator fell short of a number of benchmarks.

September 21, 2020

National Grid ESO fails to hit benchmarks as COVID-19 and extreme weather impact August

Throughout August, almost all of National Grid ESO’s performance indicators showed it falling below expectations.

‘I suspect there will be a similar scheme to triads next year

August 18, 2020

Ofgem launches evaluation of balancing costs as they soar by 39% during lockdown

Ofgem is evaluating it balancing costs system after costs rose by 39% during lockdown.

June 26, 2020

BSUoS price cap brought in to help manage 'exceptional' charges

A £15/MWh Balancing Services Use of System (BSUoS) costs price cap has been introduced following skyrocketing forecast prices.

June 10, 2020

Smart charging could have saved £133m in grid balancing costs during lockdown

Up to £133 million could have been saved in grid balancing costs during the UK’s lockdown if smart electric vehicle (EV) charging and smart tech adoption had been more wide scale.