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National Grid is responsible for procuring New Balancing Services to provide reserve capacity. Procurement is subject to a methodology approved by Ofgem.<\/p>
<\/p>
National Grid announced in October that it has procured an additional 1.1GW of reserve capacity for this winter. This will cost less than £1 per household and will increase capacity margins from around 4% to over 6%.<\/p>
<\/p>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4070", "label" : {"_value" : "Biography information for Matt Hancock"} } , "answeringMemberConstituency" : {"_value" : "West Suffolk"} , "answeringMemberPrinted" : {"_value" : "Matthew Hancock"} , "dateOfAnswer" : {"_value" : "2014-12-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2014-12-08T12:06:32.02Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "63"} , "answeringDeptShortName" : {"_value" : "Energy and Climate Change"} , "answeringDeptSortName" : {"_value" : "Energy and Climate Change"} , "date" : {"_value" : "2014-12-04", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Electricity Generation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Energy and Climate Change, how much his Department has budgeted for payments to energy companies to maintain spare stand-by electricity generation capacity for winter 2014.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/318", "label" : {"_value" : "Biography information for Lord Spellar"} } , "tablingMemberConstituency" : {"_value" : "Warley"} , "tablingMemberPrinted" : [{"_value" : "Mr John Spellar"} ], "uin" : "217224"} , {"_about" : "http://data.parliament.uk/resources/167734", "AnsweringBody" : [{"_value" : "Department for Energy and Climate Change"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/167734/answer", "answerText" : {"_value" : "
The Government\u2019s 2010 Severn Tidal Power feasibility study [1] assessed in great detail the potential contribution of 5 generic Severn Estuary tidal range schemes to the local and UK economies, including a regional economic impact study [2].<\/p>
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[1]<\/strong><\/em> https://www.gov.uk/government/publications/1-severn-tidal-power-feasibility-study-conclusions-and-summary-report<\/a><\/em><\/p> <\/p>