balancing

Oliver Bridges, head of energy data at NTT DATA UK&I, talked to Current± about why the upcoming energy market reforms, in particular half hourly settlement, are a game changer for the industry.

Vehicle-to-Grid (V2G) technology continues to be explored in the UK with Indra having revealed the results from the first-ever NHS project.

Balancing offshore wind farm construction between the east and west coasts of the UK would strengthen the consistency of energy supply and help reduce reliance on balancing actions using fossil-fuelled dispatchable generation, said Regen in a new report.

​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).