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Balancing Mechanism

SP Energy Networks pals with Piclo to primp end-to-end flex

SP Energy Networks has signed a two-year amity deal with platform provider Piclo to enable flex services using its independent marketplace, allowing flex providers...

Off-peak electricity use & home generation could save billions in energy costs

New analysis from researchers at Cornwall Insight and Smart Energy GB has revealed the substantial cost-saving potential of household flexible electricity initiatives such as...

Gore Street chooses EDF to run British third battery

Energy investment innovators Gore Street Energy Storage Fund have chosen French-owned EDF to optimise clean power trades from its new 80MW battery. Located at Stony,...

VPP champ Octopus Maxes out, permits firms to spread single-site clean generation UK-wide

Green-exclusive generator Octopus Energy, Britain’s third biggest supplier, is enabling multi-site companies who self-generate their renewable power to spread it between sites, even nationwide. The...

Ofgem fines Drax £6 million for three years of Balancing Mechanism excess claims

Renewables generator Drax has admitted breaches of its licence in relation to unjustified Balancing Mechanism claims made during repeated periods of grid constraint. Implying today...

NextEnergy Solar extends paw, takes Lion’s share of 250MW battery portfolio

Battery investment fund NextEnergy Solar (NESF) is set to pay £32.5 million for development rights on an unbuilt portfolio of two-hour grid-scale storage, set...

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...

SMITN poleaxes DNO into deeper love for users’ data

Britain’s biggest regional gridco Western Power Distribution is seeking new ways to crunch data from its smart meters, readying its switches and wires for...

ABB to plug 10MW Li-on battery into Ecotricity’s Gloucestershire wind farm

Power engineering multinational ABB Electrification is planning to locate its first UK battery, a 10MW/20MWh installation at a 6.9MWp wind farm owned by green...

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...