bsuos

  • Power and gas networks

    CMP395 BSUoS cap

    On 21 September, the Final Modification Report for CMP395 was published by National Grid ESO (NG ESO). CMP395 seeks to cap the half-hourly Balancing Services Use of System charge (BSUoS) at £15/MWh over the winter period (1 October 2022 – 31 March 2023), with the deferred costs recouped in the...

  • Low carbon generation

    BSUoS charges: What goes up…

    Balancing Service Use of System (BSUoS) charges have continued to be the dominant driver of Third-Party Charge increases in recent months, with costs remaining elevated since last autumn. In this 'Chart of the week', we present a view of past monthly BSUoS charges and expectations for future costs on a...

  • Commercial and market outlook

    BSUoS charges: volatility, deferral and reform

    Over the last few years Balancing Services Use of System (BSUoS) charges have experienced significant volatility, with costs reaching record high levels which have added to the rise in consumer electricity bills and ultimately resulted in intervention in order to cap BSUoS rates. In this Chart of the week', we...

  • Energy storage and flexibility

    “Fixing” Balancing Costs

    The challenge of keeping the national transmission system balanced and stable in real-time is becoming increasingly challenging and expensive. Demand is becoming more unpredictable alongside a generation fleet that is both increasingly intermittent and increasingly distributed. Unsurprisingly, costs have risen. In this 'Chart of the week', we take a look...

  • Energy storage and flexibility

    Grid works hard for the money: an annual look back at BSUoS

    This weeks Chart of the Week takes a look at the costs incurred from balancing the electricity system over the last 12 months. The cost of all the actions and day-to-day operation of the electricity system are recovered through Balancing Services Use of System (BSUoS) charges. This changes in each...

  • Commercial and market outlook

    Chart of the week | It’s the final countdown…2109 in review

    As 2020 approaches we trade in our reports for gift wrapping and our coffee is set aside for mulled wine. Let’s take a moment to reflect on the topics of 2019 that have garnered the most interest from our complimentary Chart of the Week publication. Our popular weekly publications are...

  • Low carbon generation

    Chart of the week | Risky business: forecasting revenues for green power

    Our recently published Green Power Forecast provides a five-year outlook of revenue streams available to green generators. We forecast prices for wind, solar and baseload projects, providing a theoretical maximised revenue stack for comparison against PPA offers. Our Chart of the Week shows an annual forecast of revenues for onshore wind projects with high voltage...

  • Regulation and policy

    Chart of the week | Come what May – sector activity ramps up before summer

    May has seen a number of notable developments within the industry. By coincidence – or perhaps due to various parties not wanting their deadlines of “spring” to slip into “summer” – a number of workstreams hit significant milestones this month. In this week's Chart of the Week, we explore some of these major...

  • Low carbon generation

    Chart of the week | Bootstrap Bill: Western Link HVDC & BSUoS

    The Western Link HVDC, aka “Western Bootstrap”, a 2,200MW, £1bn transmission cable was built to help the UK manage the changing nature of energy production. It helps prevent transmission bottlenecks and increases flows into England and Wales by accommodating the increasingly high volume of power generated in Scotland from wind....

  • Regulation and policy

    Chart of the week | Keeping busy: Industry workstreams mount up

    Change has always been a constant of the energy industry but the number of major workstreams underway in recent months is extremely high. This week’s Chart of the Week analyses in more detail some of those facing market participants at the moment, including licensing reform,  BEIS and Ofgem's joint review of code governance, the...