Recently, a little-known issue affecting hundreds of UK electricity meters has surfaced. The meters connected to the UK’s transmission system could be adding up to £100m a year to the cost of operating the electricity grid.
The problem is not that the meters are broken in any traditional sense. Instead the meters are recording the direction of electricity flow incorrectly. Power being generated is being reported as consumption, and vice versa.
According to reports, the issue affects more than 800 metering points across the UK, including all 45 offshore wind farms.