News

Ofgem aims to halve network returns while giving flexibility to invest in delivering Net Zero: National Grid warns it has gone too far

Ofgem’s draft determination of network price controls for the coming five years  ”Risks undermining the process”, said National Grid. The company, which owns gas and electricity transmission networks and the system operator, said Ofgem’s proposed settlement “leaves us concerned as to our ability to…

East Anglia One passes CfD milestone

The third and final phase of the East Anglia One offshore wind farm has started to receive payments under the Contract for Difference (CfD) framework, the Low Carbon Contracts Company (LCCC) has announced.East Anglia One (Phase 3) achieved its Start Date…

Transmission system demand still hitting new lows

The last weekend in June, overnight on Sunday 28th, saw another record low power demand on the national transmission system. In early estimates the System Operator was expecting 15.3GW on the national transmission system, and even four hours ahead it…