2022 has been a year marked by volatility. From politics to power prices, challenges — and opportunities — have been thrown at the clean energy sector in Britain and beyond.
The European Federation of Energy Traders (EFET) has called for the creation of a time limited emergency liquidity support system, to ensure the continued function of the wholesale energy markets amid continued volatility.
Only a quarter of private electric vehicle (EV) drivers are on time of use (ToU) tariffs, while high wholesale prices and volatility will continue to limit uptake, Cornwall Insight said.
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.
The volatility in wholesale power prices due to exposure to global gas prices has demonstrated the need to diversify and decarbonise the UK’s domestic energy system.
Renewables developers must be co-locating with other technologies or turning to aggregators to offset the serious disruption caused by market price volatility.
