The £600m/year market you didn’t know existed – the Balancing Mechanism

The Balancing Mechanism is a market operated and utilised by National Grid Electricity System Operator (NGESO) to help them maintain the safe operation of the UK electricity network. The electricity network must be balanced at all times i.e. generation and demand must be equal, otherwise power failures and infrastructure failures may result. As electricity isContinue reading “The £600m/year market you didn’t know existed – the Balancing Mechanism”