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Market research & Insight

Issue 28c

September 2017 in brief DSR and storage Whilst battery storage and demand side response (DSR) have been making energy headlines for some time, this September saw considerable supplier activity in promoting existing, and launching new, flexibility services. Both Haven Power and DONG Energy published case studies giving examples of how their customers have financially benefitted from their respective DSR and balancing services propositions, with the later claiming it facilitated additional income of £273/hour for one of its DSR customers. SmartestEnergy launched a new managed power purchase agreement (PPA) product, giving independent generators the option to sign-up for a trigger-based PPA. In contrast to existing fixed PPA products, this new offering enables generators to achieve higher prices by actively hedging their energy; boosting income from their assets by up to 8.3%. Good Energy’s interim results showed an appetite for expansion in the non-domestic market, stating that the next phases of its growth initiatives will be targeting opportunities in battery storage, behind the meter solutions and business consultancy. Outsourcing innovation Suppliers are being told to prepare for and embrace disruptive technologies. Although some suppliers are taking this in their stride, others are taking a more proactive approach and looking to foster new products and business models from the ground up. Statoil announced the creation of its accelerator programme which will be opening for applications in 2018. It has partnered with Techstars to identify and recruit the world’s 10 most promising energy innovators and entrepreneurs, funding them to compress two years of ...

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