National Grid Electricity System Operator (ESO) has submitted it’s Business Plan for the RIIO-2 period to Ofgem, outlining its plans to operate a carbon free, balanced system while lowering consumer bills.
National Grid Electricity System Operator (ESO) has made changes to its balancing mechanism (BM) that will allow a wider range of participants from today.
UK power prices turned negative for nine consecutive hours on Sunday in what’s been billed as an “extraordinary turn of events” for the country’s electricity system.
Instances of negative pricing in the Balancing Mechanism (BM) are here to stay and only set to become more prevalent over the next 15 years, forecasts from Cornwall Insight have suggested.
National Grid has this week launched a new ‘Distributed Resource Desk’ in its control room, enabling the Electricity System Operator (ESO) to allow smaller market players to participate much faster.
