Britain’s National Grid cancels capacity market notice

(Reuters) – National Grid has cancelled a notice made earlier where it said it expected Britain’s electricity supply margin to be below a threshold needed for the country’s energy system to be balanced,

National Grid is responsible for ensuring supply and demand are balanced in Britain’s energy systems.

The grid operator had triggered a capacity market notice (CMN) on Monday afternoon from 1800 GMT, indicating a reduced surplus above the forecast demand and operating margin.

“The capacity Market Notice originally active from 6:00pm on Monday 24th January 2022 has been cancelled,” it said.

(Reporting by Nora Buli in Oslo; editing by Nina Chestney)

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