Trending: National Grid to Pay Customers to Use Less Power Monday Evening

1442 GMT - National Grid PLC is among the most mentioned topics across news items over the past 12 hours, according to Factiva data, after the company said it will pay customers to use less power on Monday evening. The U.K. electricity-transmission network operator tweeted on Sunday that it was activating a live 'demand flexibility service' between 1700 GMT and 1800 GMT on Monday. "Our forecasts show electricity supply margins are expected to be tighter than normal on Monday evening. We have instructed coal-fired power units to be available to increase electricity supplies should it be needed tomorrow evening," National Grid said. However, the electricity system operator stressed this doesn't mean supplies are at risk and said people shouldn't be worried. "These are precautionary measures to maintain the buffer of spare capacity we need," it said. Dow Jones & Co. owns Factiva. (ian.walker@wsj.com)

(END) Dow Jones Newswires

January 23, 2023 09:57 ET (14:57 GMT)

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