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From: Denc 🗡
It all makes perfect sense…. Britain’s grid operator is facing fresh questions about how it manages the electricity system after paying nearly £50m in a single day to keep the lights on. National Energy System Operator (Neso) paid an estimated £49m in so-called “balancing costs” on Wednesday in what is thought to be a record. It was the second day of record-breaking payments to keep the grid stable. Neso paid out £39.4m on Tuesday, according to provisional figures. Some of the money went to Scottish wind farms to switch off because the grid was incapable of transmitting all their power. However, most of the money went to gas-fired power stations in England, which were paid to ramp up their output to replace the missing green power. Data from leading energy consultancy LCP Delta showed that balancing costs hit a record £505m in September. The annual bill is set to grow from an estimated £2bn this year to £8bn by 2028. The costs are ultimately passed on to households and businesses in the form of higher bills. Neso said it was legally obliged to make balancing payments and blamed the slow construction of new pylons and power lines for the rapid rise in costs. A spokesman said: “The single biggest opportunity to reduce balancing costs is the timely delivery of new infrastructure by transmission owners, which could halve balancing costs by the end of the decade.” The UK has three monopoly transmission networks. SSE and Scottish Power run networks in northern and southern Scotland, respectively, while National Grid owns the system in England and Wales. However, Andrew Bowie, the Conservative shadow energy secretary, said Neso had to answer questions about rapidly rising costs. “What is going on at Neso? Why are their models so wrong?” he wrote on X. He said the spending was “unsustainable”.

Current Thread	Author	Time
It all makes perfect sense…....[more]	Denc 🗡	02:54:47

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