Kiwi warns against FFR-only approach as it unveils 'co-optimisation' offer
Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
Articles tagged with: ffr
Mixergy raises £3.6m for FFR hot water tanks rollout
Cleantech company Mixergy has raised £3.6 million to continue its rollout of hot water tanks used for firm frequency response (FFR).
High FFR prices welcomed by flexibility providers, but ‘not the only fruit on the tree’
Flexibility providers have welcomed the firm frequency response (FFR) auction prices for January announced this week, which were again high.
Centrica to use hot water tanks for frequency response in VPP
Centrica is to absorb “thousands” of residential hot water tanks into its virtual power plant (VPP) to provide flexibility to the grid.
Bozhidar Bozhkov, head of Markets for Asset Optimisation at SmartestEnergy, looks at how battery storage has evolved in the past two years and what the market is like now.
Europe’s balancing markets still have ‘significant room’ for improvement
Balancing markets throughout Europe are opening up to decentralised power, but there is still “significant room” for mechanisms to improve further.
Flexibility opportunity worth £6 billion by 2030 as price cannibalisation concerns brushed off
The balancing and frequency markets will double in value by 2030 as the evolution of the power market creates £6 billion of investment opportunity for battery storage and other flexible and distributed generation assets.
Tesla and Anesco battery combination to deliver frequency response and national capacity
Food wholesaler Philip Dennis Foodservice has installed energy storage units totalling over 4MW at its Barnstaple offices in an effort to generate revenue from grid services, rather than making savings from behind-the-meter activity.
Ørsted makes battery storage splash with 20MW project
Ørsted, formerly DONG Energy, has confirmed its entry into the UK battery storage market with a new 20MW project near Liverpool.