This morning (04 July) saw National Grid ESO (ESO) present its conclusions on investment policy for net zero as part of the organisation's Net Zero Market Reform project.
Ofgem has launched a formal statutory consultation on proposals to introduce a new licence condition to stop electricity generators making excessive profits through the Balancing Mechanism.
In response to the UK Government’s request in March this year to continue contingency contracts, EDF and Drax have confirmed that their coal units will not be available for another winter and have begun decommissioning.
National Grid ESO has published a consultation focusing on its long-term reforms to the grid connections process which it says complement its shorter-term five-point plan.
On Monday (12 June), National Grid ESO asked Uniper to warm two coal units at the Ratcliffe-on-Soar power station to help meet a spike in demand due to increasing temperatures.
Octopus Energy has called on the National Grid ESO to stop burning coal and instead use consumer energy consumption flexibility to reduce demands on the energy grid.
National Grid ESO believes that current obstacles when adding Vehicle-to-Grid (V2G) enabled EVs to the Balancing Market (BM) as an aggregated unit, could be solved “organically” in the coming years.
