Investigation launched over NGET’s demand forecasting
An investigation into National Grid Electricity Transmission's (NGET) demand forecasting for the UK electricity market has been launched by energy regulator Ofgem.
25th May 2018 by Networks
The investigation will examine whether NGET breached rules relating to its duty to operate the system in an economic and efficient manner.
It will look into NGET’s compliance with its obligations under the Standard Licence Condition 16 of the Transmission Licence.
In a statement, Ofgem said: “This includes but is not limited to producing and publishing appropriate forecasts of demand. The opening of this investigation does not imply that we have made any findings about non-compliance by NGET.”
NGET is the system operator for the electricity transmission network in England, Scotland and Wales and is owned by National Grid. It ensures that supply and demand are balanced in real-time and provides demand forecasts to the UK electricity market. These help electricity suppliers to make efficient operational and investment decisions.
A spokesperson for National Grid said: “We are fully committed to cooperating with Ofgem while we await further clarification and information about the details of this investigation.”
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