UK's National Grid to pay people to use less power during cold snap

Robert Besser
25 Jan 2023, 18:55 GMT+10

As part of a new scheme called the Demand Flexibility Service, Britain's National Grid said customers would receive money back if they agree to use less electric power during periods of heavy use
The service, which has been tried but not run in a live situation before, would operate from 5 p.m. to 6 p.m. on Mondays, it added
An electric oven turned off for that one hour could earn a homeowner a $3.70 credit, said officials

LONDON, England: As part of a new scheme called the Demand Flexibility Service, Britain's National Grid said customers would receive money back if they agree to use less electric power during periods of heavy use.

The service, which has been tried but not run in a live situation before, would operate from 5 p.m. to 6 p.m. on Mondays, it added.

An electric oven turned off for that one hour could earn a homeowner a $3.70 credit, said officials.

"This does not mean electricity supplies are at risk and people should not be worried," the National Grid said.

The group also said it had asked for three coal-powered generators to be warmed up in case they are needed, as the country faces a snap of cold weather.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.

More Information

25 ℃

Mostly Cloudy in Seletar

Business

Section

U.S. stocks get boost from Fed chair, Nasdaq surges 226 points

NEW YORK, New York - Stocks ended sharply higher on Tuesday following mixed comments by Federal Reserve Chairman Jerome Powell.Powell ...

Media reports US to sue Amazon claiming antitrust violations

NEW YORK CITY, New York: The Wall Street Journal reported this week that the US Federal Trade Commission is preparing ...

Blaming cost of manufacturing, Nestle to raise prices for second year

VEVEY, Switzerland: In an interview with Frankfurter Allgemeine Zeitung this week, Nestle's Chief Executive Mark Schneider said the world's largest ...

Fed fails to cool economy as US sees 517,000 jobs created in January

WASHINGTON D.C.: Despite the efforts of the Federal Reserve Bank to cool the job market to help curb record-high inflation, ...

Nasdaq Composite loses one percent as Treasury yields bit

NEW YORK, New York - A sharp rise in U.S. Treasury yields kept buyers at bay on Wall Street on ...

102,000 job firings in US high tech in December, according to report

WASHINGTON D.C.: A report released this week detailed how, in January, layoffs in the US reached a more than two-year ...

Broadcasting

Section