A cap and floor regime would be the most beneficial solution for supporting long duration energy storage, a KPMG report has found.
Prequalification results for the T-4 and T-1 Capacity Market auctions have been released, with battery storage rising significantly in both.
Thrive Renewables’ first battery storage project is now fully operational, and providing flexibility to the grid.
Piclo has launched a new secondary trading marketplace for Capacity Market providers dubbed Piclo Exchange.
Sara Vaughan has taken on the role of interim chief executive of Elexon following Mark Bygraves stepping down.
The Department for Business, Energy and Industrial Strategy (BEIS) has issued a call for evidence on the Capacity Market, looking at early actions to align it to net zero as well as a longer-term review.
Following the tight margins seen on the electricity system last winter, National Grid ESO has released an early view of its winter outlook.
A call for evidence on how to enable long-duration energy storage is the final document in a deluge of policy papers released by the government yesterday (20 July).
The target for the T-4 2025/26 Capacity Market auction is to remain broadly in line with its predecessors, while the T-1 2022/23 target has risen compared to 2021/22.