Cashing out and cashing in: What caused BM price spike?

LCP’s Kyle Martin delves into what caused yesterday’s system price spike. Yesterday at 6pm the system price in the balancing mechanism (BM) spiked to £2,242/MWh...

National Grid and UKPN combine on regional reactive power market

National Grid and UK Power Networks are working on a reactive power market trial in the south east - and now seek participants. The two...

£2,242MWh: Balancing mechanism prices hit multiyear high

Prices paid to generators to help keep the power system stable reached multiyear highs on Wednesday evening. National Grid Electricity System Operator (ESO) paid £2,242/MWh...

Gresham House Energy Storage raises £31 million to buy big batteries

Gresham House Energy Storage Fund has tapped backers for a further £31 million to expand its utility-scale battery fleet. It will use the money to...

WPD seeks companies to take part in IntraFlex flexibility market trial

Interested in participating in the flexibility markets but put off by the notification timescales? Then you might find that a new Western Power Distribution...

Electron, EDF, SSEN, Kaluza to launch Orkney flexibility exchange

A consortium including Community Energy Scotland, CGI, EDF, Elexon, Energy Systems Catapult, Kaluza and Scottish and Southern Electricity Networks is set to launch a...

Compare the flex market: Piclo lands Beis funding for next phase

Piclo is preparing to launch the next phase of its flexibility platform, a genuine marketplace that enables people to bid into multiple tenders –...

United Utilities buys 2MW battery, co-locates with solar, plans flex trades

United Utilities has ordered a 2MW battery storage system from Zenobe. Believed to be the biggest yet in the UK water industry, the utility...

Japan’s Sumitomo invests £36m in cryogenic storage firm Highview Power

Liquid air energy storage firm Highview Power has landed a $46m (£35.6m) investment from Japanese manufacturing giant Sumitomo Heavy Industries. Lancashire-based Highview has been seeking funds...

EDF and Wärtsilä strike 100MW battery deal

EDF has ordered 100MW of storage from Wärtsilä and will deploy the batteries at two UK projects, the 50MW Oxford 'superhub' and at a...

CLASS action: Is Ofgem opening a flexibility market can of worms?

Ofgem risks opening a can of worms by letting regulated distribution network operators provide commercial flexibility services when they are supposedly neutral market facilitators,...

Bristol City Hall to install battery storage

Bristol is to install a 300kW battery at City Hall later this year. The council has committed to decarbonise its own buildings by 2025...

China to build ‘Europe’s largest battery storage scheme’ in Wiltshire

China Huaneng Group is set to complete what it claims will be Europe's largest battery storage facility by the end of 2020 in Wiltshire. The...
The 40MW battery storage facility at Glassenbury, Kent

DNOs launch open database detailing generators over 1MW

Distribution network operators have launched a ‘system-wide resource register’, an open database containing details of some 5,000 distribution connected assets 1MW upwards. This includes battery...

Capacity market clears at £6.44, lowest yet

The latest capacity market (CM) auction for delivery over winter 2022/23 has cleared at £6.44 per kilowatt per year, the lowest outturn since the...

Drax, Welsh Power, Statkraft, Triton, Uniper land £328m inertia contracts

Drax, Rassau Grid Services (Welsh Power), Statkraft, Triton and Uniper have won six-year contracts to provide stability services to National Grid ESO. They will be...

Habitat Energy lands 74MW battery flex management deal for Gresham House

Habitat Energy has landed a major contract with Gresham House Energy Storage Fund. The firm, founded by former Aurora executive director Ben Irons, will...

Energias De Portugal says flex will be key, invests in GridBeyond

GridBeyond has landed £9m funding in a round led by Energias De Portugal (EDP), one of the world’s biggest renewable energy companies. The aggregator and...

Kaluza sells flex from domestic battery storage to WPD

Ovo’s smart grid company Kaluza has sold its first batch of flexibility from aggregated household batteries to Western Power Distribution. The batteries were automatically dispatched...

Ofgem: DNOs must make progress with flexibility this year

Ofgem has urged distribution network operators (DNOs) to step up efforts to embed flexibility services within day-to-day operations. Speaking at National Grid ESO’s Power Responsive...