The UK is to host what’s been described as the world’s largest, most ambitious energy flexibility market trial, part of two separate energy pilot projects launched today.
Energy tech firms Piclo, Origami, Nuvve and EDF Energy’s R&D team are the collaborators behind what’s been coined as one of the most wide-ranging and holistic smart grid trials ever conducted in the UK.
The ‘Beast from the East’ cold snap in late February and early March exposed what Drax Group has dubbed an “undue reliance” on the country’s interconnection capacity.
Scottish and Southern Electricity Networks (SSEN) has become the second distribution network operator (DNO) to task Open Utility with the development of an online energy flexibility trading tool.
BP has said the Lightsource solar business it acquired a 43% stake in last week would be “massively complementary” to its existing alternative energy division.
Ofgem chief executive Dermot Nolan has warned traditional utilities that they could be made “redundant” in a future power market typified by change and new market entrants.
Global energy giants E.On and Enel have combined to trade power via a new blockchain-powered marketplace for the first time.