Energy UK comments on Ofgem's capacity adequacy assessment
It's good to review energy capacity
Reviewing the 'store cupboard capacity’ needed by the UK to keep the lights on is timely and necessary, Energy UK chief executive Angela Knight said today. Mrs Knight was responding to Ofgem’s capacity adequacy assessment which revealed how much spare energy capacity there needs to be to cope with fluctuations in demand.
Angela Knight said:
"Energy companies want to make sure that their customers can rely on having the power they want, when they want it. There was much concern earlier this year about whether the UK had sufficient electricity generating capacity. The industry was keen to see the authorities do further analysis of the issues and decide how much standby power might be needed, just in case. The Government’s confirmation today that it will introduce a market to ensure we have sufficient capacity in the long-term is good news but we need to get going on this and for Ofgem, National Grid and DECC to work together to make arrangements to avoid any energy gap opening up over the next few years."
We will work with the authorities on this and the development of other tools – such as a capacity auction - to tackle energy demand and to ensure a fair price is paid to have energy at the flick of a switch.
- Energy UK press office - 020 7747 2941
- Out of hours - 07500 707 327