The National Grid’s 2015/16 Winter Outlook Report was published today. The report includes the latest detailed analysis on the supply and demand position of both gas and electricity for the coming winter.
The analysis suggests that electricity margins will continue to be tight but manageable throughout the winter period. National Grid state they have taken appropriate steps to support security of supply through the procurement of additional balancing services and believe that they have the correct tools in place to effectively operate the system whilst continuing to ensure value for money for consumers. For gas, they expect that the UK will be well supplied this winter. ‘We continue to consider how geopolitical events might impact upon supply but with a wide range of supply sources believe that the market is well positioned to respond’.
Download the report here :