Energy UK statement on National Grid's Balancing Reserves tender
In response to National Grid's tender for balancing reserve services, Energy UK said:
“The decision by National Grid to tender for additional reserves of electricity generation ahead of the coming winter is a very sensible step, with a number of power stations shut down for maintenance and others considering closing or considering closing. This statement demonstrates gives clarity on how it is proposed to maintain security of electricity supply this winter and also highlights the increasing concerns that some of the necessary conventional power stations are finding it very difficult to be economically viable in the current environment.
The Capacity Market is the longer term solution to providing the level of generation capacity that the country requires for security of power supply, with the increasing amount of intermittent generation on the system.