It was another exceptional bank holiday weekend for Britain’s electricity network, with power prices hitting new record lows as carbon intensity dropped to its lowest point ever.
Aaron Lally, head energy merchant at Kiwi Power talked to Current± about how companies are targeting trading, the dynamics of the battery industry and how COVID-19 is affecting it.
UK Power Networks (UKPN) is to source flexibility from Social Energy's virtual power plant (VPP), made up of solar-powered domestic batteries.
Flexibility providers have welcomed the firm frequency response (FFR) auction prices for January announced this week, which were again high.
High wind over the weekend sent power prices plunging as a surge in UK wind generation triggered negative prices for a record length of time, according to National Grid.
KiWi Power has signed a contract with fund manager Gresham House New Energy for the optimisation of a 15MW battery in Bristol.
KiWi Power has recruited Jay Zoellner as its new chief executive officer, tasking him with leading the energy tech firm’s global expansion.
KiWi Power is launching a demand side response pilot that will see 100 households incentivised to reduce demand at peak times.
Engie has acquired a majority stake in energy and flexibility aggregator KiWi Power in a deal which has seen chief executive Yoav Zingher leave the company.