Record-breaking day-ahead power prices shoot to £1,750/MWh
GB's period of high power prices shows no signs of abating with the day-ahead auction for Tuesday (14 September) clearing at new records across the board.
Articles tagged with: balancing mechanism
'Extreme pricing' raising winter concerns as GB imbalance price soars to £4,000/MWh
Concerns over pricing as GB heads into the colder months are rising following numerous power price records being broken yesterday (9 September).
EDF selected to optimise Zenobe’s transmission-connected 100MW battery asset
EDF has been selected by battery storage owner and operator Zenobe to optimise its new 100MW battery.
BEIS backs down on requiring CMUs to be registered for the Balancing Mechanism
Capacity Market Units (CMUs) will not be required to be part of the Balancing Mechanism yet, following consultation feedback.
Elexon works to ‘level the playing field’ in the BM as Modification P399 is approved
Elexon takes a step towards ‘leveling the playing field’ as Ofgem approves Modification P399.
Flexitricity set to optimise Foresight's 50MW West Gourdie battery
Flexitricity has been chosen by Foresight to optimise its new 49.9MW West Gourdie battery site.
Elexon looks to go ‘one step beyond’ with P375 BSC modification
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.
GB electricity demand resurged in Q1 as low wind drove tight margin trend
Electricity demand in Great Britain returned to pre-COVID-19 levels in Q1 2021, with tight margins being a common feature of the quarter.
Current± launches new webinar series with P375 discussion with Elexon
Current± is pleased to launch a brand new series of webinars, focusing in on the key drivers of the energy transition in Britain.