The value for aggregators is now in providing access to the BM, although their role in domestic flexibility is uncertain.
Current± caught up with Dr Alastair Martin, chief strategy officer at Flexitricity, to discuss the ease of accessing the BM as a VLP as well as Flextricity's future plans following its acquisition by Quinbrook.
Japanese firm Nippon Koei has made another move into the European market, making a strategic investment in Beligian Yuso.
Energy aggregator Limejump has struck a deal with NextEnergy Solar Fund (NESF), one of the UK’s largest solar asset owners, to trade 120MW of PV generation.
'Important milestone': Limejump takes first aggregated unit into Balancing Mechanism using Virtual Power Plant
Limejump has been admitted into the Balancing Mechanism (BM) using its Virtual Power Plant (VPP), laying claim to being the first to use an aggregated BM unit (BMU) in the market.
Flexibility providers with units as small as 1MW will be able to access the Balancing Mechanism (BM) by April next year under proposals published by National Grid which will also allow aggregators to play in the market.
Flexibility aggregator Limejump has strengthened its leadership team and boosted its headcount as it prepares to scale-up its operations.