National Grid published its first Capacity Market Notice on Monday 31 October. It was issued four hours in advance of 4.30pm and indicated that aggregate BM unit capacity was only 220MW above the sum of the forecast demand and an operating margin.
The notice was later cancelled at 7.00pm. Notices are issued automatically when the capacity of available generation is within a 500MW threshold of National Grid’s requirement. The notice indicates a higher than normal probability of a System Stress Event occurring. Under capacity market rules, providers only need to generate or reduce demand during a System Stress Event.
1 in 4 UK businesses consider renewable energy a ‘fad’
New research from Haven Power reveals over a quarter (27%) of British businesses think renewable energy is just a passing trend.
13 Aug 2018 | Press
5 ways to make sustainability a no-brainer for Finance
Sustainability could be the competitive edge your business needs. Here’s 5 financial benefits that could help you get the buy-in of your finance department.
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Europe and UK system feel the heat
Stay updated on energy market changes each week with Haven Power’s market report.
07 Aug 2018 | Industry