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Balancing costs could double within five years, says National Grid

Balancing costs could double within five years, says National Grid


 

The costs faced by National Grid to balance the electricity system could double to £2bn within five years due to the growth in renewables deployment, a senior official at National Grid has said. The Telegraph reported on Monday 27 June that, at present, National Grid pays £1bn a year to balance the system, primarily to generators to vary supply at short notice. Julian Leslie, head of electricity network development at National Grid, said: “[…] I think personally by the next five years or so [balancing costs] will be £2bn a year. This market of flexibility, providing these services to us, is only ever going to increase as we get to a more and more complex network with more distributed generation.”