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Electricity interconnectors: How the British grid imports electricity Great Britain has some of the highest electricity generation costs in Europe. Undersea electricity interconnectors offer a solution by allowing the national grid to import cheaper French nuclear energy and Norwegian hydroelectricity. In 2024, the UK imported a record 43.7 TWh of electricity from neighbouring countries through international interconnectors, meeting 14% of overall demand for…
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Network Charging Compensation Scheme: What it covers and how it works British businesses pay the highest electricity costs in the developed world, and network charges are a major reason why. These charges fund the operation and expansion of the British electricity grid, and they have risen significantly in recent years to support the shift from fossil fuels to renewables. The Network Charging Compensation Scheme refunds up…
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British Industry Supercharger: What it means for Energy Intensive Industries If your business is one of the most electricity-intensive manufacturers, the British Industry Supercharger scheme could reduce your electricity bills by up to 8 pence per kWh. This guide explains the cost savings available to Energy Intensive Industries (EIIs), as well as how the scheme increases costs for all other domestic and non-EII businesses. Here’s…
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EII support levy: How the charge works and how it affects businesses Certain energy-intensive businesses in Britain, including steelworks and chemical manufacturers, receive a 90% discount on the network charges portion of their electricity bills. These discounts total over £20 million each month This discount is not funded by the government, but is instead recovered through the EII support levy, which is added to the electricity bills…
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Combined heat and power (CHP) for businesses: How cogeneration systems work Businesses in Britain pay electricity and gas rates that are significantly higher than those in most other European countries. Installing an on-site combined heat and power (CHP) unit offers businesses with high heating and electricity demand a way to bring these costs under control. By generating electricity and useful heat simultaneously from a single fuel…
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Export limitation of commercial solar systems Britain’s rooftops are generating more solar power than ever, but the grid is struggling to keep pace. For many businesses, the local electricity network simply cannot accept everything their solar panels produce. Export limitation is the mechanism that controls how much surplus power a microgenerator can feed back onto the grid. It’s important to understand,…
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