Grid balancing costs up 10% in Great Britain, may hit GBP 8 billion in 2030
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Grid balancing costs up 10% in Great Britain, may hit GBP 8 billion in 2030
Transmission infrastructure buildout essential to curb rising cost of balancing Great Britain’s electricity grid, according to electricity system operator. New report finds thermal constraints were main driver of increased balancing costs, with planned outages in Scotland coinciding with high wind outturn.It cost GBP 2.7 billion ($3.7 billion) to balance Great Britain’s electricity grid in the 2024-25 financial year, up 10% on 2023-24 according …
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