The UK’s National Energy System Operator (ESO) took the industry on a brief rollercoaster today, issuing and then swiftly canceling an electricity capacity margin notice within hours. The ESO initially raised concerns about power availability and warned consumers that the grid was nearing its margin with an expected capacity of 47,166 MW against a transmission demand of 46,717 MW. The notice, active for less than a workday, was rescinded by evening, restoring a semblance of calm. At least for now. Capacity margin notices, while not uncommon,…
