storage

  • Low carbon generation

    Loy Yang A closure: How much VRE and firming capacity is required to cover peak hours?

    AGL has accelerated the closure of the Loy Yang A power station for the second time in 2022, a few days after the Victorian government announced a target of 2.6 GW storage by 2030, increasing to 6.3 GW storage by 2035. According to the AGL announcement, released on 29 September,...

  • Energy storage and flexibility

    Australian Chart of the week | Slip slidin’ away, You know the nearer your destination

    In our previous ‘Chart of the week’ back in November 2020 (Issue 61), we looked at the projected uptake of battery storage projects in the National Electricity Market (NEM). Nine months on, with a number of large projects announced, we felt it was worth an update. In our last chart,...

  • Energy storage and flexibility

    Australian Chart of the week | Show me the future: can storage bank on FCAS being bankable?

    Previously we have examined the importance in FCAS prices for the revenue stream for batteries. With a growing interest in batteries in the market, this ‘Chart of the week’ takes a deeper look into the impact of bidding behaviour on the Regulation Raise price since 2012. From January 2012 until...

  • Energy storage and flexibility

    Australian Chart of the week | Where do we go now…. Sweet child o’ mine?

    On 6 November the Victorian government announced the commitment to deliver, along with the Australian Energy Market Operator (AEMO), the largest battery in Australia 300MW. The Geelong battery is contracted under AEMO’s System Integrity Protection Scheme (SIPS) allowing an additional 250MW to flow across the interconnector and respond to network...

  • Low carbon generation

    Chart of the week | Swing low: T-3 Capacity Market auction

    In this week's Chart of the week, we discuss the provisional results of the T-3 Capacity Market (CM) auction for Delivery Year 2022-23, published on Friday 31 January by the EMR Delivery Body (National Grid ESO). The clearing price was £6.44/kW/year, the lowest ever in a multi-year (T-4 or T-3) Capacity Market auction....

  • Low carbon generation

    Chart of the week | En-Route to market in 2020?

    Published on the 14 January was the latest update of Renewable Energy Planning Database (REPD). In summary, it provided an overview of current and planned green energy projects across Great Britain and Northern Ireland. In this week’s Chart of the week, we look at the government’s Renewable Energy Planning Database. It discusses...

  • Energy storage and flexibility

    Pixie Chart of the Week | Germany leads the charge for European domestic storage

    A recent report by research consultancy Frost and Sullivan highlights that for the 2018-19 financial year, Germany led the way in domestic-scale battery storage worldwide. This trend is set to continue in Europe, with Germany being the dominant player in small-scale storage to 2025, by which time only Italy is...

  • 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.

  • Low carbon generation

    Chart of the Week | Low EU Gas Stocks Bullish for Summer Prices

    The surge in gas demand across Europe from the very cold sting in the tail end of this winter may only have lasted a matter of days. However, the so-called ‘Beast from the East’ also leaves a legacy of increasing demand for gas this summer and low gas stocks. In...