You are here

European reserve auction platform ‘could cut balancing costs by a quarter’

National Grid believes that a new pan-European market for reserve power can meet 25% of the GB system’s balancing needs and cut GB balancing costs by €13 million a year. But the new market is expected eventually to replace National Grid’s Stor product, often seen as an entry into the market for new participants.

To continue reading this article please login if you already have an account or subscribe.