Advertisement
UK markets close in 5 hours 24 minutes

  • FTSE 100

    8,096.94
    +56.56 (+0.70%)
     

  • FTSE 250

    19,729.18
    +9.81 (+0.05%)
     

  • AIM

    755.17
    +0.48 (+0.06%)
     

  • GBP/EUR

    1.1661
    +0.0016 (+0.14%)
     

  • GBP/USD

    1.2511
    +0.0048 (+0.39%)
     

  • Bitcoin GBP

    51,075.93
    -2,029.26 (-3.82%)
     

  • CMC Crypto 200

    1,359.63
    -22.94 (-1.66%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.77
    -0.04 (-0.05%)
     

  • GOLD FUTURES

    2,336.60
    -1.80 (-0.08%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,990.07
    -98.63 (-0.55%)
     

  • CAC 40

    8,048.62
    -43.24 (-0.53%)
     
Stock:

Trending tickers

Microsoft, Google, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

EDF, Vattenfall among winners of UK grid's first battery contracts

Reuters - UK Focus

LONDON, Aug 26 (Reuters) - EDF Renewables, Vattenfall and E.ON were among seven companies which won four-year contracts with Britain's National Grid to supply super fast balancing services, the grid operator said on Friday.

The contracts are the first Britain's power grid operator has awarded to battery storage technology.

National Grid (LSE: NG.L - news) needs to balance electricity supply and demand on the grid on a second-by-second basis to make sure the system keeps running efficiently. (Reporting by Susanna Twidale; editing by Jason Neely)