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.
Articles tagged with: ESO
National Grid targets ‘significant growth opportunities’ as underlying operating profit rises 47%
National Grid has seen its underlying operating profit rise 47% to £1.4 billion for the six months ended 30 September as it focuses on delivering “critical and green investment”.
Piclo to streamline Capacity Market secondary trading with launch of new marketplace
Piclo has launched a new secondary trading marketplace for Capacity Market providers dubbed Piclo Exchange.
National Grid ESO: Electricity markets 'need reforming' to ensure future grid stability
Great Britain’s electricity markets need wide-ranging reforms in order to sustain the country’s transition to renewable energy resources.
Ofgem independent system operator call 'only the first step in a longer journey'
Ofgem’s recommendation that an independent system operator is created is "understandable" but “only the first step on a longer journey”.
There are a number of important things to keep an eye out for in 2020, including the energy white paper, the results of the National Grid Electricity System Operator (ESO) review, how businesses approach RIIO-2 and tax changes for electric vehicles (EVs).
Blackout investigation: Power firms fined as Ofgem ‘accelerates’ ESO review
Power companies are to be fined £10.5 million and an already planned review into the electricity system operator (ESO) accelerated following Ofgem’s investigation into the nationwide blackout on 9 August 2019.
National Grid ESO suggests security standards review in final blackout report
National Grid has suggested that higher levels of resilience in the UK’s electricity system may be appropriate, its report into the 9 August 2019 blackout has concluded.
Summer Outlook 2019: Solar PV stable but whole system approach now critical
National Grid expects minimum summer transmission system demand in 2019 to fall broadly in line with last year’s, owing to a collapse in new solar deployment.