Market analytics platform Modo Energy has said that Firm Frequency Response (FFR) auction prices in the UK have reached its lowest level since 2019 as a result of market saturation.
In today’s Current± Price Watch – powered by Enact – we take a look at the ESO Enhanced Measures, as well as the cut in generation from EDF amid strike action in France and the growth of Dynamic Containment.
The optimal revenue mix for battery energy storage is made up predominantly of grid balancing services, Gore Street Energy Storage Fund has said as it reiterates its commitment to one hour systems.
In the final edition of Current± Predicts, Invinity's Ed Porter and Ensek's Jon Slade share their suggestions for what the new year holds for the energy sector.
The introduction market-wide half hourly settlement, the opening up of the Balancing Mechanism and a significant code review being implemented from 2023 represent new opportunities vehicle-to-grid (V2G).
In the most recent Current± Briefings webinar, we caught up with Habitat Energy's Mike Ryan to discuss when the tipping point of Dynamic Containment prices will be.