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interconnection
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Energy storage and flexibility
Chart of the week | We built this city… on existing generation
The Capacity Market (CM), introduced under the Electricity Market Reform (EMR) policy programme is designed to ensure security of electricity supply in GB. This is done by providing payments – determined through a competitive auction– to generators and eligible demand side response (DSR) and can encourage existing plant to remain...
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Energy storage and flexibility
Australian Chart of the week | “Feel the flow”: changing interconnection dynamics post Liddell
Locational constraints, high renewable penetration zones and fossil fuel failures or retirements are changing the nature of electricity flows in the market. As a result, Interconnection in the National Electricity Market is playing an increasingly important role in balancing supply and demand. On 4 January 2020, bushfires caused transmission outages...
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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...
