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BM
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Media Mentions
Engerati | Flexible asset PPA deals
Our research from our Flexible asset PPA market report showing that there is currently around 10.8GW of operational flexible capacity in the GB market featured in Energrati. The number of market participants that are providing PPA/optimisation deals is also growing. Currently, there are more than 20 offtakers (broadly defined as...
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Media Mentions
PowerTechnology | Batteries see 149% increase in the BM
Our ‘Balancing Mechanism report’ has found that accepted volumes in the Balancing Mechanism (BM) from identified batteries, gas reciprocating engines, and aggregated units across June – August 2020 have all increased, This research was featured in PowerTechnology. It is no surprise that the BM experienced a notable increase in activity...
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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 the increase in BSUoS charges
The effects of the fall in energy demand due to the COVID-19 lockdown accompanied with a high penetration of renewables on the transmission system has seen the activity on the Balancing Mechanism (BM) increase. This increase in accepted volume on the BM is reflected in BSUoS charges. The average half-hourly...
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Press Releases
Western Link outage and high wind sees constraint cost hit a record high
The Western Link HVDC suffered an unplanned outage on 10 January, which caused it to remain offline until 8 February. This coincided with record-high levels of wind generation in GB with generation from transmission connected wind topping 6.3TWh. However, with 2.2GW of HVDC capacity unavailable, significant volumes of wind output...
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Press Releases
New Balancing Mechanism entrants expected
National Grid ESO’s project Wider Access – a project to increase accessibility to the Balancing Mechanism (BM) – is scheduled to go-live on 11 December 2019. Cornwall Insight has reviewed the recent activity of aggregated units and batteries in the BM and what impact this project will have on new...
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Press Releases
Scottish wind farms called upon in the Balancing Mechanism
Management of wind resources is a critical tool for National Grid in dealing with system constraints, supply and demand imbalance and increasingly inertia*. Data from Cornwall Insight’s Balancing Mechanism (BM) Service highlights that wind was the first-most utilised renewable technology asked to turn down in the BM. Further analysis also...
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Press Releases
Negative imbalance price phenomenon predicted to rise
On Sunday (24th March), imbalance prices turned negative for 13 consecutive settlement periods, as low electricity demand and high levels of wind output led the System Operator to reduce generation output from a variety of wind, combined cycle gas turbines (CCGT) and biomass power stations. Negative pricing in the Balancing...
