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New auction format sees drop in frequency response prices

New auction format sees drop in frequency response prices

Lower clearing prices in frequency response auctions will mean battery operators increasingly look to wholesale markets to generate revenues, an industry figure has told Utility Week. Chris McLeod, head of trading at Habitat Energy, was responding to the results from the first frequency response auctions to be held using the Electricity System Operator’s new Enduring Auction Capability platform.

2 years ago

Only 20 councils have drawn up local energy plans

2 years ago

Nissan seeks change to network charges for EV plant

2 years ago

ESO launches constraint management service for East Anglia

2 years ago

‘Wait and see’ approach to distribution connections criticised

2 years ago

National Grid brings forward connections for 10GW of batteries

2 years ago

In demand: Why the DFS needs to deliver

2 years ago

Boost for two large battery storage projects

2 years ago

More than 130,000 properties reconnected after Storm Ciaran

2 years ago

Optimising frequency response

2 years ago

Decarbonisation, Equity, and Improving Reliability

2 years ago

Ofgem throws weight behind locational pricing

2 years ago

Electricity North West launches £7m flexibility tender

2 years ago

National Grid to get head start on £298m upgrade

Ofgem is set to release early construction funding (ECF) so National Grid can get a head start on its £298 million transmission upgrade in Yorkshire. The regulator has confirmed its minded-to position to approve National Grid Electricity Transmission’s ECF application which asks for up to 20% of the project’s total estimated cost.

2 years ago

Octopus says heat pump rules are deterring customers

2 years ago

Green light for National Grid’s £252m ‘SF6-free’ site upgrade

Ofgem has approved the final needs case for National Grid Electricity Transmission’s (NGET) planned £252.6 million upgrade of its Harker site in Cumbria. The plans consist of an offline rebuild of 132kV and 400kV substations, along with the rationalisation of the 275kV substation. The proposal also includes the implementation of SF6-free solutions across the site.

2 years ago

Weekend press: Water firms to spend £272bn on upgrades  

In our latest round-up of the weekend’s national news coverage, Moody’s estimates that water companies are planning to spend £272 billion on upgrading sewage infrastructure over the next 25 years. Elsewhere, experts warn that new UK electric car charging laws do not solve all issues and Southern Water apologises for floods on the south coast.

2 years ago

Demand Flexibility Service given green light

2 years ago

Good Energy launches time-based energy matching for businesses

2 years ago

Ofgem to adopt new regulatory regime for major grid upgrades

2 years ago

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