Ofgem has said it is “minded to” allow National Grid to continue procurement of the Strategic Balancing Reserve (SBR) and Demand Side Balancing Reserve (DSBR) to cover the winters of 2016/17 and 2017/18 although the industry argues the two measure
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Distribution network operators (DNOs) have to become more like distribution system operators (DSOs) to help manage energy locally and use both supply and demand to balance.
System operator National Grid says margins “look set to remain tight” in the winters of 2016/17 and 2017/18 and it will consult next month on whether to extend its strategic balancing reserve (SBR) and demand side balancing reserve (DSBR) measures
“We need your flexibility – and those that respond will get payback”.
National Grid’s return on equity in its UK business rose slightly in 2014/15, up to 13.7% from 12.7% the previous year.