• Energy storage and flexibility

    Navigating the Changing Landscape of Balancing Services Pricing Developments

    From an energy market perspective, 2022 was an especially interesting year as geopolitical events pushed Europe’s energy sector out of the status-quo and into uncertain and uncharted territory. While most of the attention remained focused on developments within the wholesale sphere, interesting developments arose within the balancing services space too....

  • Energy storage and flexibility

    Chart of the week | Grand unveiling: Dynamic Containment goes live

    At 11pm on 1 October National Grid ESO debuted its new frequency response service, Dynamic Containment (DC). This is the first in a suite of new faster-acting response services, designed to address significant frequency deviations when they occur on the transmission system.   The roll-out of this new post-fault response...

  • Energy storage and flexibility

    Australian Chart of the week | Down, down, prices are down… but is it sustainable?

    Following a comparatively mild Q1, electricity prices have fallen significantly in Q2. While a drop in price is expected as we move from peak demand conditions in Q1 to the shoulder Q2, the surprising element is the level to which prices have fallen. Average quarterly prices in Q2 2020 were...

  • Energy storage and flexibility

    Chart of the week | What’s in it for me? Household grid balancing

    The current dearth in energy demand and high renewable generation has brought the need for flexible consumption sharply into focus. Last weekend, Octopus Energy paid thousands of smart meter customers to use energy. Industry is now seriously looking at how households will be supported in their participation in demand side...

  • Energy storage and flexibility

    Chart of the week | Cha-Cha Slide: COVID-19 & falling levels of inertia

    The level of inertia on the system is a key contributor to electricity system stability. Inertia is an attribute of the system related to the energy stored in the rotating motors of synchronous generators. It prevents system frequency from falling too quickly after a frequency disturbance (e.g. a generator trip)....

  • Energy storage and flexibility

    Pixie Chart of the week | WPD flexibility results show increased engagement

    Western Power Distribution (WPD) published detailed results of its latest flexibility tender on 20 April. The distribution network owner procured 94.8MW of flexible capacity in its 2020 Cycle 1 procurement exercise. Consequently, this brought its total volume of contracted flexibility to 217MW. The exercise, the fifth since the launch of...

  • Commercial and market outlook

    Pixie Chart of the week | The only way to find what I left behind, I’ve got to double back again

    Our popular weekly publications are an opportunity for our experts to detail a wide range of issues in a succinct and visually engaging manner. In 2019, we published charts on such diverse topics as electric vehicles (EVs), flexibility, energy efficiency, hydrogen, heat, and the GB water markets. In this week’s...

  • Low carbon generation

    Chart of the week | Is energy on Santa’s Negative List? New trends for GB power markets

    On 9 December, the UK experienced a negative day-ahead trading price for the first time, with prices for 03:00AM to 04:00AM UTC delivery on the hourly day-ahead auction dropping to -£2.84/MWh.   In this week’s Chart of the Week, we take a look at a first for the GB market, negative...

  • Energy storage and flexibility

    Chart of the week | Charging in: New BM entrants and Wider Access

    While National Grid ESO has been granted a derogation until 30 June 2020 to implement project TERRE; Wider Access, its project to increase accessibility to the Balancing Mechanism (BM), is still scheduled to go-live on 11 December 2019. In this Chart of the Week we analyse recent activity of aggregated units and...

  • Energy storage and flexibility

    Pixie Chart of the week | Comparing Flexibility Markets Across Northern Europe

    The Renewable Energy Association (REA) ranks GB eighth out of nine European electricity markets in its inaugural Energy Transition Readiness Index. The assessment shows the development of flexibility markets and readiness for energy transition is at different stages of maturity across Europe. The report states that regulatory uncertainty, lack of visibility on...

  • Energy storage and flexibility

    Australian Chart of the week | Pumped storage: Silent winners in the energy transition so far?

    Last week’s Chart of the week discussed the price-setter role renewable technologies are increasingly playing in the NEM. Following on, this week’s Chart examines the impact these pricing dynamics are having on pumped storage operations across the market. To run, storage technologies – pumped hydro/ batteries – typically exploit arbitrage...

  • 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

  • Energy storage and flexibility

    Pixie Chart of the week | Piclo publishes DNO flexibility findings

    Software company Piclo released two white papers in September sharing findings from the pilot phase of its Piclo Flex Marketplace trial. The papers, supported by BEIS, explore the future of distributed flexibility procurement as researched through Piclo’s trials with all six of GB’s Distribution Network Operators (DNOs). This week’s Chart of...

  • Energy storage and flexibility

    Pixie Chart of the week | DNOs realise mixed flexibility procurement results

    The Energy Networks Association (ENA) has compiled the flexibility procurement timetables for all distribution network operators (DNOs) in Great Britain. The schedule highlights DNO flexibility procurement between 2018 and 2020. This week’s chart summarises the buying timeline and the subsequent phases of progression, split between communication of the procurement requirement,...

  • E-mobility and low carbon

    Pixie Chart of the week | V2G values reliant on plugging in cars

    The Energy Systems Catapult recently published a study, by low carbon energy consultancy Element Energy, Vehicle to Grid Britain. The study examines the long-term values available to users of vehicle-to-grid (V2G) technology. V2G allows EV batteries to export energy to the networks, whether that be the home or business it is connected...

  • Energy storage and flexibility

    Pixie Chart of the week | NYISO forecasts extensive growth in battery storage

    The New York Independent System Operator (NYISO) has released its publication, Reliability and a Greener Grid – Power Trends 2019, outlining the potential network developments in the New York region. NYISO forecasts that wholesale energy storage and behind the meter (BTM) energy storage capacity growth will accelerate over the coming decades. The...

  • Energy storage and flexibility

    Pixie Chart of the week | Pixie Energy demonstrates value of flexibility

    In 2018, BEIS provided funding to support a range of Flexibility Market Feasibility Studies. Pixie Energy, as part of a consortium including Ipswich Borough Council and Suffolk County Council, led a study based on Ipswich. Here, we outline some of the project’s findings.