Five minute update

National Grid improves upcoming winter energy security outlook

The risk of blackouts this winter has fallen, National Grid has confirmed, as it revealed an improved capacity margin for 2016-17.

The system operator has said that it expects the UK to have a capacity margin of 6.6% this winter, which is an improvement from its earlier projection of 5.5% made in the summer.

National Grid confirms capacity market prequalification results

The EMR Delivery Body announced details on 14 October of the capacity that had prequalified for both the next T-4 auction and the early auction.

It was confirmed that 74.67GW of de-rated capacity had pre-qualified for the T-4 auction, against a targeted procurement level of 52GW. Around 24GW of this was existing CCGT––this includes 4.9GW that has no Transmission Entry Capacity and plans to return to the market if it wins a contract.

DSR uptake undermined by disruption concerns, survey finds

New research by The Energyst has suggested that businesses are eager to seize on the opportunities offered by demand-side response (DSR) but concerned about the disruption to their operations. Issued on Thursday 8 September, polling by the company showed that nearly nine in 10 (87%) non-DSR providers would be interested in earning revenue

Businesses overpaying for energy, says price comparison site

Small and medium sized businesses have overspent on energy supplies to the tune of £7bn in the last year, according to research by The research, published on Wednesday 7 September explained that organisations that did not "shop around" were overpaying, on average, by £532/ year.

Biomass conversion more cost-effective than Hinkley: REA

The Renewable Energy Association (REA) has said that the conversion of old coal power stations to biomass would be a more cost-effective approach to decarbonisation than the Hinkley Point C nuclear project. In a statement on Thursday 15 September, the organisation said that these conversions would require a lower contract for difference strike price, and would need only 15 years of support compared to the 35 years given to Hinkley

Register for our monthly Pricing Developments webinar

Site created by