The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Conrad Energy awarded significant pathfinder contract by National Grid ESO

30 November 2022
Share
The Business Magazine article image for: Conrad Energy awarded significant pathfinder contract by National Grid ESO

Abingdon-based Conrad Energy, the largest flexible power producer in the UK, has been awarded a stability pathfinder contract with Warwick-based National Grid ESO.

The contract will enable the operation of the UK’s national electricity transmission network with zero-carbon by 2025 and to set up the UK to deliver a net zero electricity system from 2035.

National Grid ESO said the contracts with six firms worth £1.3 billion represent a cost benefit of £14.9 billion between 2025 and 2035.

Sonia Quiterio, Conrad Energy’s New Business Director, said: “This contract award represents a major win to support the UK’s net zero strategy and stabilise the UK’s electricity network.

"This technology will provide stability services for at least 30 years. These contracts will keep building strong foundations for us to deliver a better world for generations to come.“

Julian Leslie, ESO Head of Networks, said: “These new contracts represent a major milestone in delivering a low-carbon network for the future and will help support the delivery of our 2025 ambition to be able to operate the network at zero-carbon.

"These contracts demonstrate the type of savings that can be made and the importance of investing in net zero now in order to unlock benefits for consumers for the future.“


Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

Related topics

Related articles

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
12
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles