“When we look at the forecast from now to 2050, we're looking at a doubling of electrical demand from a few hundred-terawatt hours to over 600TWh,” said Barry Hurst, head of business development at Enel X.
New research by OVO Energy has found 83% of households would be willing to reduce their energy consumption between 4pm and 7pm to receive cash back, underpinning the launch of its “Power Move” flexibility trial.
The Optional Downward Flexibility Management (ODFM) service is to be reinstated this summer, with National Grid ESO now consulting on its terms and conditions.
