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The UK's National Grid to Expand Flexibility Scheme to Cover Entire Year
UK power system operator National Grid plans to expand its Demand Flexibility Service (DFS) – used to control demand and supply of power - to be used over the entire year instead of just winter, as excess generation during the 2024-25 winter is anticipated to be higher on the year.
- The UK’s de-rated margin – excess output that National Grid can use during peak demand periods – is expected at 5.6GW for winter 2024-25 compared to 4.4GW last winter, according to the system operator.
- The new DFS scheme will be discussed with the industry over the summer before a final design is submitted to Ofgem for approval ahead ahead of a planned winter go live, National Grid added.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.