If the UK meets its expanded renewable and nuclear targets, the country will have an oversupply of electricity more than half of the time by 2030, creating significant opportunities for flexible demand.
The Department for Business, Energy and Industrial Strategy (BEIS) has launched a consultation into the potential of re-coupling Great Britain’s electricity auctions.
A fire at National Grid’s IFA1 interconnector site in Sellindge is to see power prices once again spike in the UK as 1GW of capacity drops off the system.