Ofgem chief executive Jonathan Brearley has assured that the goal of the regulator's recommendation of creating a fully independent system operator (ISO) is to support a "robust system" that can result in "billion pound" savings.
Pointing to what it described as “potential” conflicts of interest within National Grid, Ofgem has issued a recommendation for a fully independent system operator (ISO).
National Grid ESO and the Energy Networks Association (ENA) are urging generators to claim "thousands of pounds" in funding towards mandatory hardware upgrades.
The volatility in the energy market has continued this week, with National Grid ESO issuing another Electricity Market Notice (EMN) while day ahead prices just to almost £1,500/MWh.