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FFR
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Energy storage and flexibility
Sky-high prices in Dynamic Containment
In this week’s ‘Chart of the Week’, we explore the drivers behind the record high prices seen in the Dynamic Containment Low service in June, which saw individual assets accrue gross revenues of over £1mn, and consider the outlook for future service prices.
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Energy storage and flexibility
Fast Frequency Response (FFR) market: Is the NEM prepared for a new market?
In July 2021, final rules were published to introduce two new market ancillary services – a very fast raise and very fast lower service. These markets would provide an FCAS contingency response faster than the existing 6-second market. The Fast Frequency Response (FFR) markets are set to commence on 9...
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Energy storage and flexibility
Chart of the week | Interactions between frequency response markets – can’t get enough
Frequency response markets are in a period of transition, as the Electricity System Operator (ESO) looks to usher in a new suite of three faster-acting frequency response services that can better manage frequency changes on a low inertia, high renewables system. Dynamic Containment (DC), the first of these new services,...
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E-mobility and low carbon
Pixie Chart of the week | The uncertain future of household V2G value
Vehicle-to-grid (V2G) is considered a step beyond smart charging, unlocking system benefits for a range of market participants. Our Pixie Chart of the Week explores a recent study by Element Energy, Vehicle to Grid Britain, and assesses the opportunities for V2G in a changing GB energy system for residential customers
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Energy storage and flexibility
Chart of the week | Battery overload: Storage and the FFR market
Announcements of new grid-connected battery developments seem to occur on an almost daily basis. Many of these developers are looking to enter the Firm Frequency Response (FFR) market. This is primarily due to the potential value as well as it suiting the characteristics of batteries. In this week's Chart of...
