Editing Pearlstone Energy Limited
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The demand for electricity from National Grid has always been volatile. On average, the demand on a winters day can be 35-40% more than on a summers day. The situation is only expected to worsen. In less than a year National Grid has paid Β£1bn to generators to produce less electricity when there has been a surplus but in October, for example, also warned that electricity could be in short supply due to low wind speeds and unplanned outages. National grid also pays some large consumers to reduce their use of electricity when there are demand spikes. This income, though, can only be accessed through National Grid approved aggregators like Pearlstone. | The demand for electricity from National Grid has always been volatile. On average, the demand on a winters day can be 35-40% more than on a summers day. The situation is only expected to worsen. In less than a year National Grid has paid Β£1bn to generators to produce less electricity when there has been a surplus but in October, for example, also warned that electricity could be in short supply due to low wind speeds and unplanned outages. National grid also pays some large consumers to reduce their use of electricity when there are demand spikes. This income, though, can only be accessed through National Grid approved aggregators like Pearlstone. | ||