The UK’s electricity regulator Ofgem has agreed to grant the National Energy System Operator (NESO) a derogation and exemption from two articles governing NESO’s Mandatory Frequency Response (MFR) product.
In the latest issue of Current± Price Watch series – powered by LCP Enact – we take a look back over the last month in power prices, including strong battery energy storage revenues and Britain’s role as an exporter.
National Grid ESO needs to plan and operate the system with lower levels of inertia as the UK moves to net zero, with pathfinder projects exploring the procurement of inertia.
Three of Gore Street Energy Storage Fund’s battery storage assets have been ranked as some of the highest revenue generating assets as frequency prices rise.
