Ofgem investigates National Grid Electricity Transmission’s demand forecasting
Press release
Publication date
Company
Industry sector
Transmission Network
Ofgem has launched an investigation into National Grid Electricity Transmission’s (NGET) demand forecasting for the UK electricity market.
The investigation will examine whether NGET breached rules relating to its duty to operate the system in an economic and efficient manner. This includes but is not limited to producing and publishing appropriate forecasts of demand. The opening of this investigation does not imply that we have made any findings about non-compliance by NGET.
Notes to editors
- For more information see our investigation into National Grid Electricity Transmission (NGET) and its compliance with its obligations under the Standard Licence Condition 16 of the Transmission Licence.
- NGET is the system operator for the electricity transmission network in England, Scotland and Wales and is owned by National Grid. It ensures that supply and demand are balanced in real-time and provides demand forecasts to the UK electricity market. These help electricity suppliers to make efficient operational and investment decisions.
Further information
For media, contact:
Ruth Somerville: 0207 901 7460
Media out of hours mobile: 07766 511470 (media calls only)
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