National Grid ESO has published its Summer Outlook 2024, detailing a season of interconnector reliability and lower balancing costs than the previous year.
New stories in the e-mobility space this week include the announcement of a partnership between Northern Powergrid and Octopus which will see the energy company allow its EV customers to use their vehicles as a virtual power station, while Jersey is rolling out new EV infrastructure and E.ON has partnered with fleet management company Alphabet to offer its charging solutions to their customers.
In the first edition of Current± Price Watch – powered by LCP Enact – for 2023, we take a look at the record-low Day Ahead prices as all metrics again dip below zero amid record renewable generation.
“When we look at the forecast from now to 2050, we're looking at a doubling of electrical demand from a few hundred-terawatt hours to over 600TWh,” said Barry Hurst, head of business development at Enel X.
The launch of new flexibility services could revolutionise how National Grid ESO manages winter peaks going forwards, Octopus Energy told Current± for this week’s Price Watch article – powered by LCP Enact.
“Major failures” mean current government programmes will not be enough to deliver net zero, according to the latest Progress in reducing emissions: 2022 Report to Parliament from the Climate Change Committee (CCC).
There is sufficient capacity and operational tools to maintain security of supply over for the summer period, National Grid ESO has said, with low demand to remain challenging.
