Throughout August, almost all of National Grid ESO’s performance indicators showed it falling below expectations.
The UK power industry has lost £1.1 billion due to the impact of COVID-19, according to energy trading company Hartree Solutions.
The Balancing Mechanism (BM) was used twice as much throughout April and May 2020 as the previous year, due to the impact of COVID-19.
The government has committed to protect suppliers from 80% of the increases in obligation payments for the second quarter.
Artificial intelligence (AI) could help manage local grids, to ensure that they are not overloaded by rapid growth in demand.
With no coal on the grid and surging renewables, May was the greenest month ever on Great Britain’s electricity grid.
Over the bank holiday weekend, the UK's electricity demand is set to drop to an all-time low of just 13.8GW while the cost of balancing soars.
For the first time ever, more electricity came from renewables than fossil fuels throughout the whole of Q1 2020.
Battery software company Arenko has teamed up with National Grid ESO to provide upward and downward reserve flexibility in a ‘first of its kind trial’.