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Balancing Mechanism Service
-
Press Releases
Batteries see 149% increase in Balancing Mechanism activity
Research from Cornwall Insight highlights that there are significant changes in the technology type that has been providing balancing actions to the National Grid Electricity System Operator (ESO), with activity from newer asset types seeing the greatest year-on-year increase. Accepted volumes in the Balancing Mechanism (BM) from identified batteries, gas...
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Media Mentions
Power Technology | Balancing charges and lockdown
Lee Drummee Analyst at Cornwall Insight featured on Power Technology discussing the effects of fall in energy demand, caused by the UK Covid-19 lockdown on the Balancing Mechanism. He explained that the fall in energy demand because of the Covid-19 lockdown was always expected to increase the £/MWh rate of...
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Press Releases
Cornwall Insight comments on £51mn cost to balance the electricity system over the Bank Holiday
The Bank Holiday (23-24 May) saw the UK experience warm yet windy weather. Coupled with the significantly low levels of energy demand observed during the lockdown, it is no surprise that the level of activity from National Grid Electricity System Operator (ESO) to turn down generation was high. As a...
