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Balancing Mechanism

Divert 18% of this decade’s energy capex to storage, Cornwall Insight urges D-BEIS

Anticipating flex needs and keeping Britain’s fast-changing grids steady and balanced will come at a cost of £20 billion spent between 2025 and 2030...

Play flex markets from social housing’s storage heaters? Ofgem clears aggregators to try

Britain’s biggest home energy supplier is set to step aboard a new trial, linking flex trading to controllable storage heaters. From September, Centrica will begin...

Want long duration grid-focused batteries? Then put a Cap and Floor on balancing, Aurora...

Radical reforms to power trading rules are needed, if Britain is to achieve necessary expansion of long-duration power storage on route to Net Zero...

Crisis latest:  Windfall tax on oil majors, say Labour: Keep Net Zero measures & tax carbon,...

The ‘temporary’ energy price crisis of suspected No.10 party-attender and beleaguered premier Johnson has ground on into its fourth month, with an appeal from...

Ofgem warns Balancing Mechanism players

Rocketing costs of last-minute interventions needed to balance Britain’s power grid have prompted an Ofgem warning that it stands ready to tighten market rules...

Staunch greenwash sleaze? Track carbon through grid in real time, say Elexon and ES...

Restoring integrity to tarnished "clean power" certificates can be best guaranteed with new rules and new tech, tracking carbon from seed to flower through...

Balancing Mechanism costs rocket three times on 2020’s, as suppliers face BUUoS squeeze

A ‘perfect storm’ of surging world demand for gas, reviving power demand, low UK renewables generation and 2021's cull of retailers has pushed costs...