National Grid at winter low
Posted on: October 28, 2015
The National Grid has said that electricity margins will be “tight but manageable” this winter, after revealing that the risk of blackouts is the highest in over a decade.
This year’s forecast capacity margin – the difference between available supply and forecast peak demand – is just 1.2%, the lowest since 2006. National Grid have put emergency measures in place in order to secure additional supplies, including paying power stations to provide extra capacity and asking companies to be ready to reduce electricity usage. With these measures, the margin rises to 5.1%.
In its winter report, National Grid said that the energy balancing services it has in place will be enough “to meet even the tightest week”.
“We expect electricity margins to be tight but manageable for this winter. We have procured our contingency balancing services which we may need to use in order to help us balance the system,” it added.
This report comes after criticisms in July that National Grid oversaw a huge fall in spare capacity, meaning that it had to buy in £36.5m of emergRead full article