National Grid ESO to unlock stacking of assets in Dynamic Containment and BM
National Grid ESO is looking to unlock stacking within the Balancing Mechanism (BM) as part of the development of the Dynamic Containment service.
Articles tagged with: balancing mechanism
Flexitricity and ev.energy to become first to trade EVs in Balancing Mechanism
Flexitricity is to register the first domestic electric vehicle (EV) aggregated unit in the Balancing Mechanism (BM) thanks to a new partnership with ev.energy.
Sixth EMN issued while day ahead prices jump to £1,500/MWh as capacity remains tight
The volatility in the energy market has continued this week, with National Grid ESO issuing another Electricity Market Notice (EMN) while day ahead prices just to almost £1,500/MWh.
Boosting battery storage capacity by 20GWh could cut wind curtailment by 50%
An increase of 20GWh of battery storage could reduce the amount of wasted wind power in Great Britain by 50%, according to new analysis from LCP.
Stay Current:
Subscribe here
2020 hailed as greenest year ever by National Grid ESO with wind, solar and coal-free records
2020 was a record-breaking year, with wind generation, solar, and coal-free records helping to make it the greenest year ever for Great Britain’s electricity network.
Balancing Mechanism price jumps to highest level since 2001, hitting £4,000/MWh
The imbalance price reached a high of £4,000/MWh on Friday evening, capping off a dramatic week in the energy market.
The first week of 2021 has been a turbulent one for the UK’s energy market, with price spikes and tight margins keeping traders on their toes.
National Grid ESO issues second EMN in a week
National Grid ESO has once again issued an Electricity Margin Notice (EMN), its second this week and fifth this winter.
Balancing Mechanism hits £3,000/MWh as margins remain tight through cold snap
Great Britain’s tumultuous energy week has continued, with system tightness leading to West Burton B being called at £3,000/MWh yesterday (6 January).