Issue 2, Q.2 , Invew Quarterly Brief (SF)

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Energy News

National Grid ESO expects electricity demand on Britain’s network to hit record lows this summer, possibly dropping below 13.4GW. This is due to a surge in solar power, which hit a new record earlier this year. To keep the grid running smoothly, ESO may use special tools to manage supply and demand. It’s all part of their goal to run a zero-carbon network. New technology is helping replace older power sources, making the system cleaner, more flexible, and more cost-efficient. Grid prepares for record low demand this summer due to solar boom

Our Thoughts: National Grid ESO’s prediction of record low electricity demand this summer shows how quickly renewable generation is reshaping the system. Solar output has surged, and the grid now needs smart tools such as the Negative Reserve Active Power Margin to stay balanced when demand dips. It is real progress, yet it underlines the growing need for storage, flexible assets and market signals that reward those who can shift or supply power when the sun is shining.

Cut electricty prices or lose clean industry boom A major coalition of businesses, investors and climate groups is urging the UK government to cut electricity prices to support industrial growth and clean energy investment. In a letter to the Chancellor, they call for green levies to be moved from energy bills into general taxation. This shift could cut business energy costs by 15% and household bills by £370. Without action, they warn, the UK risks falling behind global competitors in the fast-growing clean manufacturing sector. Our Thoughts:

High electricity prices are hitting British businesses hard, limiting investment and squeezing margins across every sector. Shifting legacy green levies into general taxation would ease that pressure, letting individual firms flourish and giving the wider economy room to grow. Affordable power is the foundation of electrification, clean manufacturing and net zero jobs. Reforming how we pay for past policies is not just sensible; it is vital for UK competitiveness.

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