Weather Tonight: 3°c Clear Night Morning: 9°c Sunny spells

Business

HEADLINES:

Grid warns of power blackouts


04.09.08

The parlous state of Britain's electricity supplies was put in to sharp relief today as the National Grid warned of potential power blackouts tonight.

It issued a Nism — a notice of insufficient supply margin — saying that as of earlier today, the UK is short of 700 megawatts of electricity to supply this evening's peak power demand.

The Nism was issued as it emerged that the interconnector electricity supply line between France and England is partially down until next week, taking out 500MW of potential supply.

Grid warnings are more usually issued during cold snaps in early winter. Many power stations are out of commission at this time of year because of seasonal maintenance.

The warning initially tripled spot prices for wholesale electricity.

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Your email address will not be published

Terms and conditions make text area bigger You have  characters left.


 
Market Roundup
FRIDAY UPDATE

City remains positive despite shockers from BA and RBS

Investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year

More



City Spy, cityspy@standard.co.uk

Two houses for me, no jobs for you

“Johnson & Johnson workers who lost their jobs in Britain this week will be pleased to hear that not everyone at the US-based company is struggling

More

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses
Service Area or postcode