National Grid Winter Outlook 2015/16 report: maximum potential delivery of gas supplies significantly higher than the peak demand forecast

Electricity margins are manageable with a range of tools available to keep the system in balance.

LONDON, 16-10-2015 — /EuropaWire/ — National Grid has today published the Winter Outlook 2015/16 report, looking ahead at the picture of supply and demand for both the gas and electricity systems for the coming winter. It follows consultation with the energy industry during the summer.

The report is published by National Grid in its role as electricity system operator and as owner and operator of the gas transmission infrastructure in GB.

The peak transmission system demand forecast, used for calculating the winter margin for the coming winter is 54.2 Gigawatts, a slight increase from last year.  There has been no change in the position for generation since the Winter Review was published in July.   The de-rated margin figure for winter 2015/16 is 5.1% which equates to a loss of load expectation of 1.1 hours – well within the Reliability Standard set by the Government.

Additional balancing services of 2.4 GW have been contracted for the winter period to be available to manage periods of peak demand.   This includes 133MW coming from businesses who have signed up for reducing demand at peak periods if called on, in return for payment.

Cordi O’Hara, Director of UK Market Operations said:

”Electricity margins are manageable throughout the winter period and we believe we have the right tools in place to manage the system.   This includes using the 2.4 GW of additional balancing services that we have ready in place for times of highest demand.

“On the gas side, supplies are expected to be comfortable this year, thanks to good availability of liquefied natural gas on the global market and stable flows from the North Sea and Norway.

”Gas demand for the winter period is expected to be broadly in line with last year, showing a slight increase to 48.6 billion cubic meters (bcm).  Peak daily demand is forecast to be 465 million cubic metre (mcm).

The maximum potential delivery of gas supplies, including from storage is 613 mcm, which is significantly higher than the peak demand forecast.

– ENDS –

Read the Winter Outlook report in full.

Corporate Media Relations Manager
Gemma Stokes
gemma.stokes@nationalgrid.com
07974 198333
01926 655272

Senior press officer
Isobel Rowley
isobel.rowley@nationalgrid.com
+44 (0)7917 211116
+44 (0)1926 655275

Press Officer
David Lavender
david.lavender2@nationalgrid.com
07989 665946
01926 653942

Notes to Editors:

National Grid is one of the largest investor-owned energy companies in the world and was named Responsible Business of the Year 2014 by Business in the Community. This accolade acknowledges all of our efforts in getting involve with the things that really matter to us and to society. We own and manage the grids that connect people to the energy they need, from whatever the source.  In Britain and the north-eastern states of the US we run systems that deliver gas and electricity to millions of people, businesses and communities.

In Britain, we run the gas and electricity systems that our society is built on, delivering gas and electricity across the country.  In the North Eastern US, we connect more than seven million gas and electric customers to vital energy sources, essential for our modern lifestyles.

National Grid in the UK:

  • We own the high-voltage electricity transmission network in England and Wales, operating it across Great Britain
  • We own and operate the high pressure gas transmission system in Britain
  • Our gas distribution business delivers gas to 10.9 million homes and businesses
  • We also own a number of related businesses including LNG importation, land remediation and metering
  • National Grid manages the National Gas Emergency Service free phone line on behalf of the industry – 0800 111 999 (all calls are recorded and may be monitored).
  • Our portfolio of other businesses is mainly concerned with infrastructure provision and related services where we can exploit our core skills and assets to create value. These businesses operate in areas such as Metering, Grain LNG Import, Interconnectors and Property. National Grid Carbon Ltd is a wholly owned subsidiary of National Grid. It undertakes Carbon Capture Storage related activities on behalf of National Grid.

Find out more about the energy challenge and how National Grid is helping find solutions to some of the challenges we face at www.nationalgridconnecting.com

National Grid undertakes no obligation to update any of the information contained in this release, which speaks only as at the date of this release, unless required by law or regulation.

SOURCE: National Grid

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