Ofgem to probe record £718m grid balancing costs during Covid-19 lockdown

Cecilia Keating
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Ofgem's review is expected to run until late October | Credit: Robert, Flickr
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Ofgem's review is expected to run until late October | Credit: Robert, Flickr

Energy regulator's three month review geared at better managing UK grid costs in future as more renewables and green technologies come online

Ofgem has ordered an investigation into National Grid's energy balancing system, after costs of managing the grid skyrocketed to a record high of £718m in just five months during the coronavirus lockdown....

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