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Electricity demand nearly passed supply

Electricity demand nearly passed supply: Research from Cornwall Insight has shown that electricity system margins in Great Britain (GB) were very tight during the record-high temperatures seen earlier this week, with demand very close to overtaking supply. National Grid’s 1-hour forecast for de-rated margin (the difference between available generation and demand) was negative for two…
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Payments made to households using energy off-peak

Payments made to households using energy off-peak Homes across the UK may be soon paid to use less energy at peak times. The scheme begun by National Grid aims to boost the grid’s resilience, stop the danger of blackouts and slash household carbon dioxide emissions. The initiative is made to set up families with smart…
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Grid electricity cost making heat decarbonisation unviable

Grid electricity cost making heat decarbonisation unviable

Grid electricity cost making heat decarbonisation unviable: Cornwall Insight and the Confederation for Paper Industries (CPI) have today released a joint report examining the barriers energy intensive industries are facing in their attempts to decarbonise their heat supply. The report, while focusing on paper industries, reflects the experience many energy intensive industries are facing as…
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As Storm approaches wind farms generate record electric

As Storm approaches wind farms generate record electric Storm Malik brought in gusts of up to 90mph in locations throughout the UK, giving Britain’s grid its highest ever percentage of wind power. The record was set on Saturday, following the storm that ravaged northern England. “Today saw the most wind ever on Great Britain’s electricity…
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$95M raised by Battery storage firm for commercial deployment at scale

$95M raised by Battery storage firm for commercial deployment at scale: Viridi Parente has received $94.6 million (£69 million) in investment, taking the business one step closer to commercialising point-of-use lithium-ion battery technology at scale. B Thomas Golisano, an existing investor and entrepreneur, led the newest funding round, which also included new investors Ashtead Group/Sunbelt…
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First major power line to be built in Kent since 1961

First major power line to be built in Kent since 1961: The National Grid has verified that work on the first new major power line to be built in Kent since 1961 has been completed. The new high-voltage electrical line between Richborough and Canterbury comprises of a 20-kilometer overhead wire and 60 new pylons. The Richborough Connection…
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Balancing Mechanism has risen by 294 percent

Balancing Mechanism has risen by 294 percent: The energy market crisis has so far resulted in several collateral losses, one of which is the cost of the Balancing Mechanism (BM), which increased by 234 percent during the three-month period from September to November. The BM is a real-time instrument used by the National Grid to…
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Balancing Mechanism has risen by 294%

Balancing Mechanism has risen by 294%:  The energy market crisis has so far resulted in numerous collateral damages, one of which is the cost of the Balancing Mechanism (BM), which increased by 234 percent during the three-month period from September to November. The BM is a real-time tool used by the National Grid to balance electricity supply…
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Previous British Gas CEO unites with IMServ as Chairman

Previous British Gas CEO unites with IMServ as Chairman: Energy data management supplier IMServ has reported it has selected Ian Peters as Chairman. Mr Peters now has the Chair of the UK Health Security Agency which is an executive agency of the Department of Health and Social Care. He was a past Chief Executive of…
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The National Grid will berth UK ships in net-zero waters

The National Grid will berth UK ships in net-zero waters : National Grid Electricity Transmission has collaborated with Siemens to develop a free digital tool to assist UK ports in decarbonizing their operations. The Decarbonisation Tool is intended to assist port authorities in understanding their future energy requirements and how to implement greener energy management…
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