Macro Finance
UK Spent Record £561 Million to Balance Power Grid in October
Bloomberg Markets·November 2, 2026·1 min read
The UK spent a record £561 million ($753 million) in October to balance its power grid, driven by soaring gas prices and bottlenecks in the aging network. The cost of keeping the lights on surged as grid operators paid to manage supply and demand. The figure marks the highest monthly spend on record, highlighting strain on the energy system.
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