Frequency response prices rise, changes ahead; Stor procurement suspended
Rising prices for firm frequency response at the tail end of 2019 brought more providers back into play, according to National Grid ESO.
Meanwhile Triad...
Limejump hires former Gazprom exec as chief operating officer
Shell-owned flexible energy firm Limejump has hired former Gazprom and BP exec Catherine Newman as chief operating officer.Â
She joins the firm with immediate...
WPD buys 95MW of flex, eyes hundreds more megawatts
Western Power Distribution has awarded flexibility contracts totalling 94.8MW following its fourth procurement round.
Although less than the volume originally sought, the distribution network operator...
ENA gets closer to standardised flex contract as DNOs eye 2GW
Distribution network operators are getting closer to a standardised way of buying flexibility in what could be a breakthrough year.
After much legal legwork, industry...
National Grid mulls footroom options as demand drops
National Grid has asked suppliers and TPIs for information on different customer segments in order to better model demand over summer.
The electricity system operator...
Avalon founder: Flow storage ‘can be much cheaper than lithium’
Avalon president Matt Harper believes vanadium-based energy storage can be cheaper than lithium. On a whole life basis, he claims it already is.
US-based Avalon...
Triad dates published
National Grid ESO has published the Triad dates for 2019/20.
These were:
Monday 18 November, 17:00-17:30
Monday 2 December, 17:00-17:30
Tuesday 17 December, 16:30-17:00
Triads are...
SMS launches virtual power plant following Solo buy
Smart Metering Systems is moving into the virtual power plant market after buying tech firm Solo Energy.
SMS bought Solo Energy last autumn. The Cork-based...
Coronavirus: GridBeyond urges DSR providers to notify of demand changes
GridBeyond has urged industrial and commercial firms that provide demand-side response (DSR) services to notify aggregators of changes to predicted consumption patterns.
As businesses shut...
Gresham House buys 50MW battery project, on track for 330MW
Gresham House Energy Storage Fund has bought its biggest battery storage project yet, a 50MW scheme in south Yorkshire.
The grid-connected site at Thurcroft near...
150MW: Developers of UK’s biggest battery plan to make it bigger
The developers of the UK's largest battery are aiming to take it up to 150MW. And they say they can go even bigger.
Penso Power,...
To Invinity and beyond: RedT and Avalon merger set to complete
Vanadium redox flow storage companies RedT and Avalon have agreed to complete their merger, subject to shareholder consent. The combined business will be called...
RedT strikes Bushveld vanadium deal, gets green light for Oxford Superhub
Flow storage company RedT says it has been given the nod to proceed with the 2MW/5MWh flow storage system aspect of the Oxford Superhub...
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 –...