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Issue 614 | EOF

Issue 614 | EOF

Adam Boorman Adam Boorman Senior Regulatory Analyst

Electricity Operational Forum 29 June 2016 Headlines The Electricity Operational Forum provided an update on current operational performance and costs. Key points from the forum were: Overall incentivised balancing costs (IBC) for February £57.6mn, £50.8mn for March and £42.6mn for April. These winter increases were been driven by high wind output from storms resulting in high constraint spend. The latest Balancing Services Incentive Scheme (BSIS) forecast suggested an outturn figure of £1,046mn for 2015-16. With a forecast charging volume of 521.9TWh, this gave an estimated Balancing Services Use of System charge of £2.00/MWh for the year, virtually ...

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