Ofgem’s draft proposals for the RIIO-2 were met with a very mixed response when the regulator published them yesterday.
Articles tagged with: National Grid
Flexitricity hails new milestone as its VPP grows beyond 500MW
Flexitricity’s virtual power plant has hit a new milestone, with more than 500MW of capacity under management.
National Grid prepares for £400m hit from COVID-19
National Grid is expecting underlying operating profits to take a £400 million hit from the COVID-19 pandemic.
UNFCCC Race to Zero campaign pushes for net zero coalition of global actors
A global campaign calling for a "a resilient, zero carbon recovery" from the COVID-19 pandemic has seen nearly 1,000 businesses commit to a 2050 net zero, with plans to encourage more to follow.
Over 200 businesses call for climate-focused COVID-19 recovery
Decarbonisation should be the focus of the COVID-19 recovery, a letter signed by over 200 business leaders has said.
Dampened demand forecast over bank holiday as grid balancing costs soar
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.
Electricity system price rockets to £2,242/MWh as questions raised over calculation methods
The UK’s electricity system price spiked to £2,242/MWh last night (4 March 2020) following lower than expected wind generation during the evening peak.
400,000 green energy jobs to fill if the UK is to meet net zero target
Hundreds of thousands of workers will be needed to meet the UK’s goal of net zero by 2050, according to new research from National Grid.
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.