Funding arrangements for new balancing services: Initial Proposals
Consultation
- Upcoming
- Open
- Closed (awaiting decision)
- Closed (with decision)
Publication date
Closing date
Company
Industry sector
Generation and Wholesale Market
Decision
In November 2013, National Grid Electricity Transmission (NGET) made an application to Ofgem to introduce two new balancing services: the Supplemental Balancing Reserve (SBR) and Demand Side Balancing Reserve (DSBR). These services provide NGET with additional tools to help balance the system in anticipation of tighter generation capacity in the middle of the current decade. The Authority approved these new tools in December 2013.
This document sets out our initial proposals for the funding arrangements which will allow NGET to recover the economic and efficient costs it incurs procuring and utilising these services, should they be needed. The document sets out how we believe that these arrangements will protect the interests of consumers, and seeks views from stakeholders.
Respond name
Leonardo Costa