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UK’s wasted wind power laid bare by new Octopus tracking tool
(www.rechargenews.com)
A place to post links and discussions around the UK's energy production, National Grid, energy consumption, and green energy news.
See https://grid.iamkate.com/ for the UK's current energy production and sources.
Created 23/07/23
okay, so build more batteries
Octopus are an energy company, are they not allowed to build their own storage? Or do they just grift off the National Grid and are asking the government to do it
I don’t think Octopus are a DNO so don’t have any infrastructure. Aren’t they merely a reseller of electricity?
There are a number of projects to add additional HVDC links for power sharing and also a couple of battery storage stations.
The issue with National Grid is that it is subject to funding cycles, currently 5 years and the next one starting April 2026, so have to present justification for government money to improve the grid. They can present white papers during the funding cycle for re openers and sometimes money is spent at risk.
There is a £60bn investment going in to the grid over the next 5 years.
The flow of electricity is now controlled by NESO who are now a government entity, and currently in a separation period from National Grid.
So a private company is shaming the government into building infrastructure in their next funding, in the name of public good and wasted sales - that's fair enough
National Grid is a private company
They are funded via OFGEM, and infrastructure building doesn’t happen overnight.
Having a bleeding edge grid would be bad. There is lots of approval and testing that adds to delivery timelines, along with the funding
well shut me up...!