The Department for Business, Energy and Industrial Strategy (BEIS) has written to the Committee on Climate Change (CCC) seeking its advice on a possible new zero emissions target for the UK economy.
The Energy Networks Association has identified four real (MW) power services to meet the needs of distribution network operators (DNOs) when managing congestion as the market for local flexibility services continues to emerge.
The balancing and frequency markets will double in value by 2030 as the evolution of the power market creates £6 billion of investment opportunity for battery storage and other flexible and distributed generation assets.
The 2018/19 winter period could be defined by a rebound for coal and heightened price volatility, but operational margins will be higher than last year, National Grid ESO has said.
National Grid has confirmed that the expansion of Balancing Use of System (BSUoS) charges to include embedded generation is being considered by Ofgem, after Engie attempted to fast track the decision via a system operator workgroup.
Ofgem has confirmed financial support to an innovation project due to get underway in East Fife later this month that will test how to trade participants’ flexibility using a digital marketplace to generate income and stave off grid upgrades.
UK Power Networks has laid out its vision for a ‘flexibility first’ approach in the coming years, including procuring a forecast 206MW in place of network reinforcement.
Low Carbon has gained provisional approval for a large scale battery energy storage project in Northern Ireland, with planning documents suggesting that three more could be on the horizon in the emerging market.