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November 15, 2017

Battery de-rating risks scaring investors off storage, Anesco warns

UK renewables and battery developer Anesco has warned that the looming de-rating of battery storage in the Capacity Market risks scaring investors away from the technology.
Centrica's profit hit £3.308 billion due to gas and nuclear. Image: Centrica.
November 14, 2017

Centrica reveals plans to build 100MW battery in Ireland

Centrica has revealed plans to build a single 100MW battery energy storage system in Ireland for delivery by 2022 to take advantage of capacity market and grid services opportunities currently under development.
The report cautioned that the increased risk to investors in new generation energy capacity paired with the cost of capital involved in implementing an LMP system could negate any potential benefits. Image: Getty.
November 14, 2017

Ofgem kicks off supply market overhaul with fresh call for evidence

Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.
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November 13, 2017

RedT connects 1MWh flow machine to Centrica's local energy market

What is thought to be the largest operating containerised vanadium redox flow machine system in the UK has been connected to the grid by redT energy, with the 1MWh project becoming the first to sign up to a local energy market being set up by Centrica.
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November 13, 2017

Innogy continues course for energy transition amidst €480 million UK retail impairment

Innogy is doubling down on its vision for growth in decentralised generation and new grid infrastructure as it prepares to “rigorously implement” its new strategy.
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November 10, 2017

Major energy players throw their weight behind blockchain platform

Blockchain has received the backing of a powerful coalition of energy companies and trading houses who have announced plans to create and invest in a new venture develop a blockchain-based digital platform for energy commodities trading.
The implications of the NIS Directive for UK energy companies
November 10, 2017

National Grid UK profits slip as it lays foundations for changing role

National Grid’s UK power transmission profits slid more than 20% in the first half of its 2017/18 financial year, with the system operator (SO) continuing to prepare for its changing role in the power market.
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November 9, 2017

Open Energi embraces AI and machine learning for new demand response platform

Open Energi has launched its new Dynamic Demand 2.0 platform, capable of helping businesses shift demand by connecting an increased array of on-site equipment.
November 9, 2017

The fall of the Big Six…to the Big Five

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November 8, 2017

BEIS refuses to clarify energy storage de-rating despite ‘imminent’ decision

The Department of Business, Energy and Industrial Strategy (BEIS) has refused to provide any clarity over when a decision on the potential derating of energy storage assets within the capacity market (CM) will be made despite a senior policy advisor stating the judgement is “imminent”.

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