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Perspective: Winter is coming… bringing a perfect storm for electricity system price rises

Phil Hewitt warns that with tighter supply margins forecast for winter 2016/17, SBR arrangements are likely to force wholesale electricity prices even higher

National Grid has confirmed that next winter will be the first time since the current market arrangements began in 2001 that it has not forecast a surplus margin of spare power plants in the UK market in the run-up to a winter period. Instead, it has forecast negative margins.

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