There is sufficient capacity and operational tools to maintain security of supply over for the summer period, National Grid ESO has said, with low demand to remain challenging.
Ofgem has stated it is ready to use its powers to change market rules if necessary in light of balancing costs doubling between September and November.
National Grid ESO is to undertake a review of the balancing market, citing “very high-cost days” in the Balancing Mechanism in recent weeks.
SSE is looking to reduce "dependency" on traditional battery storage in a new deal with Netherlands-based electric vehicle (EV) smart charging provider Jedlix.
Concerns over pricing as GB heads into the colder months are rising following numerous power price records being broken yesterday (9 September).
National Grid ESO is to explore moving to dynamic day-ahead reserve setting as part of a new project with Smith Institute.
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).
Visibility issues at the boundary point led to the P375 Balancing and Settlement Code (BSC) modification P375 being raised last year, with administrator Elexon looking to go "one step beyond" previous modifications to allow individual asset meters to be used for settlement purposes.
Current± sat down with SMS MD Mark Hamilton to discuss how FlexiGrid is managing demand in Orkney, what’s next for the ReFLEX project and what Solopower has to offer.
