Octopus Energy and E.ON have deemed the energy discount incentive proposed by National Grid ESO's demand flexibility service too low, arguing less customers will sign up because of this.
In this week’s edition of our Current± Price Watch series – powered by LCP Enact – we take a look at the IFA1 interconnector’s trip, how gas and renewables fared in August’s hot weather and how support measures for consumers around Europe have impacted baseload power prices for winter.
Octopus Energy Group and National Grid ESO have used electric vehicles (EVs) to help balance the grid in what they are dubbing a first for vehicle-to-grid (V2G) technology.
While tight operational margins are expected over the coming winter, National Grid Electricity System Operator (ESO) is confident it will be able to manage these using its standard operational tools, it has said.
National Grid ESO has issued two electricity Capacity Market notices as power demand was expected to surge in light of a heatwave affecting most of Europe.
Accelerating the energy transition can not only alleviate concerns over security of energy supply, but also deliver cheaper power to consumers, National Grid ESO has said.
