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Search resuls for: "National Grid Electricity"


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[1/2] Steam and smoke billow from the Ratcliffe-on-Soar coal-fired power station near Nottingham, Britain, December 1, 2017. Britain has a target to close its coal-fired power plants by October 2024 as part of efforts to cut fossil fuel emissions and meet its 2050 net-zero target. A market notice, published by the National Grid Electricity System Operator (ESO) showed it has asked for the unit to be ready on Monday afternoon. National Grid ESO did not comment on why the notification had been issued. Gas-fired power plants were providing around 41% of the country’s electricity on Monday, with wind power lower than usual, providing just 7%.
Persons: Ratcliffe, Hannah McKay, Uniper, Ami McCarthy, Statnett, Susanna Twidale, Sharon Singleton Organizations: REUTERS, National Grid Electricity, Grid ESO, country's Met, Grid, Greenpeace, Thomson Locations: Nottingham, Britain, Ratcliffe, Norway, Norwegian
Companies National Grid PLC FollowLONDON, Jan 26 (Reuters) - Britain's National Grid (NG.L) asked coal-fired power plants to be warmed up as a back-up option for power generation on Thursday as cold weather was expected to push up demand. "The ESO has issued a notification that we will warm winter contingency coal units for potential use on Thursday 26 January," National Grid Electricity System Operator said on Twitter. "This notification is not confirmation that these units will be used on Thursday, but that they will be available to the ESO, if required." National Grid requested three coal-powered generators to be fired up on Sunday, but stood them down a day later as the supply picture had improved. It also activated a scheme through which it offered to pay customers to use less power.
SummarySummary Companies Price controls begin on April 1Proposals are subject to statutory consultationShould increase use of renewable powerGreen energy would be backed up by nuclear, hydrogenLONDON, Nov 30 (Reuters) - Britain’s energy watchdog has proposed price controls for electricity distribution network companies for the next five years that it said would drive investment in homegrown supplies and deliver cheaper power without increasing consumer bills. The controls, which will run from April 1, 2023, to 2028, require six electricity distribution network companies to focus investment towards "more homegrown, cleaner, cheaper, and secure sources of energy". Ofgem said it expected the proposal to increase the use of renewables, including wind and solar energy, backed up by expanded nuclear and hydrogen-generated energy. Known as RIIO-ED2 (Revenue = Incentives + Innovation + Outputs for electricity distribution), the proposal sets the level of investment Ofgem allows local electricity distribution networks to make in the five-year period. The total allowed expenditure for the six companies was around 22 billion pounds, Ofgem said.
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