National Grid Plc’s electricity control centre reported that the balancing mechanism’s IT systems went down at 11:00. London time on Wednesday, according to a posted on Elexon. The systems are expected to return to normal at 16:00, and protocols are in place to ensure a safe and secure power supply.
The failure comes in part of the company known as the Electricity System Operator, which uses consumers’ money to pay power stations to turn up and down to make sure supply matches demand. The ESO is set to be and renamed the Future System Operator as part of government plans to prepare for a net zero electricity grid.Power generators in the balancing mechanism have been told to operate as outlined by their last plan provided to the grid operator. In case of any changes to their output, they have been asked to use established telephone lines instead of sending messages digitally.In times of uncertainty you need journalism you can trust.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Daily - Business Daily Meets: Tony Elumelu - BBC SoundsNigeria's most well-known economist on 'Africapitalism' and why he thinks Africa needs to rethink its relationship with business.
Source: BBCAfrica - 🏆 23. / 61 Read more »
Sponsored Content: Building business education with purpose.At the beginning of May, Henley Business School recorded another very strong showing in the critically acclaimed Financial Times of London’s global rankings of executive education. The business school, with its campuses in the UK, Denmark, Finland, Malta, Malaysia and South Africa, ranked 20th out of the top 75 business schools globally and number one in Africa. The rankings show that we are the 1 ranked accredited business school in all of Africa for combined open and customised programmes.
Source: dailymaverick - 🏆 3. / 84 Read more »
KZN construction mafia has links to Eskom procurement staff, Ramokgopa says | BusinessMinister of Electricity Kgosientsho Ramokgopa says that organised crime with links to the notorious KwaZulu-Natal construction mafia has infiltrated Eskom's procurement division, with insiders and outsiders working together to defraud the company.
Source: News24 - 🏆 4. / 80 Read more »
Tencent-backed Helium Health raises R560m to fund Africa expansion | BusinessHelium Health, West Africa's largest electronic medical records provider, has raised $30 million (R560 million) in new funding to scale up operations and expand credit in Africa's healthcare sector, it said on Monday. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
ANALYSIS | Any effort by BRICS to dethrone the dollar will end in failure | BusinessIf the Organization of the Petroleum Exporting Countries cannot come up with a petro-currency, what chance does a random bunch of geographically disparate nations have, asks Bloomberg's Marcus Ashworth. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »
WATCH | SA's chip packets, car bumpers are being turned into bricks | BusinessChip packets and polystyrene, which are not popular recycling materials and are often found dumped, may have a second life as useful construction material. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »