Tom Greatrex – 2014 Parliamentary Question to the Department for Energy and Climate Change
The below Parliamentary question was asked by Tom Greatrex on 2014-04-07.
To ask the Secretary of State for Energy and Climate Change, what assessment he has made of the likely effect of the Supplemental Balancing Reserve on energy bills for the year (a) 2014-15 and (b) 2015-16.
Michael Fallon
The cost of procuring Supplemental Balancing Reserve and Demand Side Balancing Reserve is a matter for Ofgem and National Grid. In its draft Impact Assessment Ofgem estimated the cost of buying these services would be less than £1 a year for the average domestic customer. Ofgem’s final Impact Assessment did not revise or update this estimate. DECC has not carried out a separate assessment.
Ofgem’s draft Impact Assessment can be found at https://www.ofgem.gov.uk/ofgem-publications/84629/nationalgridsproposednewbalancingservices-draftimpactassessment.pdf
A final Impact Assessment is available at: https://www.ofgem.gov.uk/ofgem-publications/85278/decisiontoacceptngetapplicationtointroducetwonewbalancingservicesandsubsequentconsultationonfundingarrangements.pdf
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