London companies to be paid to curtail peak-time energy use

8 July 2011: Industry article highlighting UK Power Networks (London’s electricity distribution operator) plans for demand reduction where “Large companies in London will be paid to curb their energy use during peak demand periods as grid operators plan ways to avoid costly upgrades to the UK capital’s congested electricity networks. This proposal forms part of UK Power Network’s  bid into Ofgem’s Low Carbon Network Fund (see ‘Low Carbon London’ story for further information). Business Green also provide further detail on this story.