Friday, 11 July 2014

Capacity Margin to Fall to as Low as 2%?

"It would never have happened in my day".

The National Grid last month published two tenders - for demand side load shedding and supply side capacity retention - all aimed at "keeping the lights on" given that Ofgem's capacity assessment indicated the potential for the capacity margin to fall to as low as 2% in 2015/16.

This, to me, is another example of the scramble to cope with HMG's hopeless mismanagement of the power sector.

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