UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Decision on NGET’s cost recovery application for New Balancing Services Winter 2016/17
This letter sets out Ofgem's decision to allow the Supplemental Balancing Reserve (‘SBR’) and Demand Side Balancing Reserve (‘DSBR’) cost recovery for Winter 2016/17. Following our assessment, Ofgem has determined that the costs relating to the above were incurred in line with the relevant methodologies. Therefore, Ofgem is directing that costs in respect of SBR Availability Payment may be recovered and that no adjustments are required in respect of costs relating to SBR Capability Payments and SBR Testing Payments.
On 31 March 2017 the Gas and Electricity Markets Authority (‘the Authority’) received a notice from National Grid Electricity Transmission plc (‘NGET’) setting out its application for cost recovery of costs incurred in relation to procurement and operation of Supplemental Balancing Reserve (‘SBR’) and Demand Side Balancing Reserve (‘DSBR’) for Winter 2016/17. These costs totalled £119,402,163.32.Policy milestone details
Countries: UK -
Milestone source: Link to Ofgem Website
Milestone type: Policy/project implementation
Sector: Energy transportation, transmission and distribution - Policy and governance -
Organisation: Ofgem
Subjects: Policy and Governance, Economics, business and commerce, Transformation [Energy processing] (Conversion), Transportation, Transmission and Distribution, Electricity, Energy policy, Regulation and accountability
