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BM
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Energy storage and flexibility
Balancing Reserve: ESO proposes new regulating reserve service
In recent months National Grid ESO has been developing a new reserve service to improve the management of the system and enable the grid to accommodate zero carbon operation of the electricity system by 2025. On 28 September the ESO first announced at their Autumn 2022 Markets Forum, a proposal...
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Energy storage and flexibility
The new face of frequency response – 1 year of Dynamic Containment
In October 2020, National Grid Electricity System Operator (NGESO) implemented the soft-launch of the Dynamic Containment (DC) service, the first in a new suite of faster-acting frequency response services. Since its launch, the DC service has been the most lucrative response service and has grown considerably in the past year....
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Energy storage and flexibility
Network innovation: coordinating Active Network Management schemes and Balancing Services
The volume of generation connected to the distribution networks is increasingly rapidly. Cornwall Insight is part of a consortium developing an innovation project focusing on specific conflicts which this can create in the market, with the aim of developing learnings which can be applied in a broader context. Over 30GW...
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Low carbon generation
The Balancing Mechanism and BSUoS under lockdown
The COVID-19 pandemic and subsequent lockdown restrictions have severely impacted the GB energy market with demand and prices at record lows. As market conditions have drastically changed, National Grid Electricity System Operator (NG ESO) has been much in the spotlight, with the current low demand scenario providing new operational challenges....
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Net zero corporates and ESG
Editor’s Pick Ireland | Clean Energy Package: what does it really mean?
The Capacity Market Code removes or restricts payments to fossil fuel generators and allows cross border participation in Capacity markets, arising from the Clean Energy Package (CEP). We look at some of the other potential changes in the way EirGrid and SONI operate our energy system arising from the implementation of the...
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Low carbon generation
Constraints – can’t stop loving you
Do you remember Just under 10 years ago I worked at Ofgem, as part of a team focused on the electricity System Operator incentive scheme. Much of my time was spent evaluating expenditure by National Grid (now known as National Grid Electricity System Operator(ESO)) on their actions pre- and post-fault...
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Energy storage and flexibility
In the balance: Analysing volatility in the BM
In this week’s blog, we focus on developments for the Balancing Market (BM) in the SEM. The BM is where the Transmission System Operator (TSO) can take actions to ensure the transmission system remains within operational parameters as supply and demand changes. Actions here ultimately determine the imbalance settlement price (ISP)...
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Low carbon generation
Fight the power: CRU, Huntstown and the Appeal Panel
Lemme hear you say The indirect impacts of last year’s capacity auction continue to come. An Appeal Panel has determined that the Commission for the Regulation of Utilities (CRU) erred in seeking to enforce a decision on licence changes relating to Huntstown power station. If implemented, they found that the...
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Energy storage and flexibility
A pragmatic review of battery business cases
As we await the full results of the latest T-4 Capacity Market, which has delivered the lowest clearing price to date for this type of auction, we have been reflecting on the possible business cases for large-scale battery storage. I was speaking on this very topic at the Energy Storage...
