Elexon has hailed a "ground-breaking" modification to the Balancing and Settlement Code (BSC) that will allow individual asset meters to be used for settlement purposes.
Flexitricity is to register the first domestic electric vehicle (EV) aggregated unit in the Balancing Mechanism (BM) thanks to a new partnership with ev.energy.
Current± caught up with Dr Alastair Martin, chief strategy officer at Flexitricity, to discuss the ease of accessing the BM as a VLP as well as Flextricity's future plans following its acquisition by Quinbrook.
Habitat Energy has entered the UK’s Balancing Mechanism (BM), thanks to National Grid ESO’s Virtual Lead Party (VLP) route.
Elexon is consulting on proposed changes to the Balancing and Settlement Code (BSC) that would allow individual asset meters to be used for settlement purposes, widening the Balancing Mechanism (BM) once again.
Flexitricity has become the first Virtual Lead Party (VLP) to trade in the balancing mechanism (BM) since the wider access agreements were brought in.
National Grid Electricity System Operator (ESO) has made changes to its balancing mechanism (BM) that will allow a wider range of participants from today.
Elexon, the body tasked with delivering the Balancing and Settlement Code, has launched a new Wider Access Impact Assessment and new Testing Strategy.
