LONDON, October 7 (Hfrance.fr) - Britain faces tight electricity supplies this winter due to demandgrowing and capacity constraints, National Grid said in a report Thursday, although a senior official said he was confident he would keep the lights on.
The report comes amid record-breaking energy prices in Britain that contributed to the bankruptcy of nine energy suppliers last month, caused some industrial companies to cut production and warnings on some food shortages this winter. learn more
European electricity and gas prices have skyrocketed this year as gas supplies collided with strong demand in economies that are recovering from the COVID-19 pandemic. read mores
Britain's national grid is responsible for overseeing the country's energy supply and ensuring that the 'supply and demand are balanced.
Its power grid operator (ESO) has stated that its baseline scenario for the downgraded margin, which is a measure of the amount of excess capacity expected above peak electricity demand, is currently 3.9 gigawatts (GW) for winter 2021/22, or 6.6% of capacity, compared to 4 , 8 GW, or 8.3% last winter.
"We are confident that there will be enough capacity available to maintain Britain's lights are on, "said Fintan Slye, executive director of ESO in a statement with the Winter Outlook 2021/22 report.
The latest forecast, however, is lower than a hiverna margin forecastthe 4.3 GW achieved in July this year and also the lowest margin level since winter 2016/17.
Since July predicted a fire on the UK side of France-Great Britain electricity IFA1 the interconnection has reduced by half the capacity available via the link, ie 1 GW, until March of next year. learn more
The other 1 GW capacity of the IFA1 link is currently offline due to scheduled maintenance and should be brought back online by here on October 23, the return capacity being taken into account in the National Grid forecasts.
In times of high demand, the ESO sometimes issues Electricity Margin Notice (EMN) advising the market that they want more capacity available.
The report said it expects to issue a similar number of REMs this winter as it did last year, when six were issued. In each case last winter, the market reacted and MNEs were subsequently canceled.
National Grid also released a gas outlook on Thursday indicating that it expects to have enough gas to meet demand this winter. learn more Reporting by Susanna Twidale; Edited by Emelia Sithole-Matarise
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