balancing mechanism

January 13, 2025

Modo Energy records highest GB battery energy storage revenues in two years

According to Modo Energy, in December 2024, battery energy storage revenues in Great Britain reached their highest level since January 2023.

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December 12, 2024

Elexon rule change to support large energy storage facilities

Elexon, the company that manages the balancing and settlement code (BSC), will reduce the financial exposure faced by large energy storage facilities.

50MW-Drumkee-Battery-Storage-Site-image-Gore-Street-scaled-1

October 21, 2024

NESO publishes plan to improve battery skip rates

The UK national energy system operator (NESO) has published its response to an open letter from the Battery Storage Coalition, detailing how it intends to make a “meaningful impact” on skip rates.

March 20, 2024

Trial’s success in adding EVs to BM hints at annual savings of almost £100 million

The success of the trial between Octopus Energy and National Grid ESO, which uses electric vehicles (EVs) in the Balancing Mechanism (BM) hints that the integration could reduce system costs by almost £100 million.

February 12, 2024

ESO moves to day-ahead procurement for energy reserves, cutting consumer costs by £639 million

National Grid ESO's new balancing service introduces day-ahead procurement for energy reserves saving consumers £639 million over four years.

The information has been released in the organisation's Beyond 2030 report. Image: NGESO

February 7, 2024

ESO to allow up to 300MW into its Balancing Mechanism

National Grid ESO has announced it will soon make changes to allow for 300MW of flexible assets to be introduced to the Balancing Mechanism (BM).

Capenhurst will be the first to provide reactive power via a long term contract with the ESO. Image: Zenobē.

October 18, 2023

Report: ‘evolutionary’ rethink of transmission network charges could unlock faster pathways to net zero

Relatively minor changes in transmission charging and constraint management could enable significant steps towards net zero, according to a new report.

Ofgem orders EP SHB to pay £23.63m for breach of Generation Licence. Image: Pxhere.

October 16, 2023

Ofgem orders EP SHB to pay £23.63 million for breach of Generation Licence

Energy regulator Ofgem has published a notice ordering electricity generator EP SHB Ltd to pay £23.63 million for a breach of its Generation Licence.

October 9, 2023

Ofgem approves independent aggregators in GB wholesale flexibility market

Energy regulator Ofgem has approved plans to include independent aggregators in the wholesale flexibility market.

September 27, 2023

Octopus announces start of V2G trial with National Grid ESO

Octopus Energy has announced that its customers have taken part in a Vehicle-2-Grid (V2G) trial using their electric vehicles (EVs) to support electricity grid balancing.