Electron wants to create more alignment in the UK power sector, which it said is much needed if energy and flexibility trading is to realise its full potential.
A consortium of companies from the energy, flexibility, technology and engineering worlds has been formed in a bid to bring a flexibility trading platform to market.
A significant number of battery storage assets representing multiple gigawatts of capacity have cleared the first hurdle towards competing in forthcoming Capacity Market auctions.
Scottish and Southern Electricity Networks, the networks arm of SSE, has outlined the principles of its transition to a Distribution Systems Operator (DSO) as it aims to get to grips with the “almost unrecognisable” emerging energy market.
Energy tech start-up Open Utility has landed more than £400,000 of government funding to help develop an online marketplace for local flexibility trading.