• DocumentCode
    956500
  • Title

    Ready to deliver? [security of supply]

  • Author

    Buchanan, A.

  • Author_Institution
    Ofgem, UK
  • Volume
    20
  • Issue
    2
  • fYear
    2006
  • Firstpage
    22
  • Lastpage
    23
  • Abstract
    This paper discusses how Britain´s privatized energy market is working to ensure that there is enough gas and electricity to meet the demand. Since privatization, there has been around #30 billion invested in Britain´s gas and electricity networks. This investment in unregulated infrastructure particularly demonstrates the response the market makes to deliver security of supply. Significant investment has also been made to build new plant when it is needed with the Renewables Obligation also leading to considerable investment in new renewable generation. There are also moves to address the upgrade and repair of networks that are more than 40 years old.
  • Keywords
    investment; power markets; power supply quality; power system economics; power system reliability; pricing; Britain; British energy industry; Renewables Obligation; electricity demand; gas and electricity networks; gas demand; privatized energy market; supply security;
  • fLanguage
    English
  • Journal_Title
    Power Engineer
  • Publisher
    iet
  • ISSN
    1479-8344
  • Type

    jour

  • Filename
    1637910