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.”
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