Markets and trading

Piclo unveils new flexibility platform

SSEN seeks new flexibility market platform

UK battery storage firm Statera snapped up by Swedes

Optimising frequency response

Ofgem throws weight behind locational pricing

Everflow management acquires majority stake

‘Watershed moment’ as aggregators granted access to wholesale market

Severn Trent first to reveal PR24 plan

In the first signal of how water companies are approaching investment plans for 2025-2030, Severn Trent has indicated it expects totex to more than double compared to the first half of the decade. The company gave a summary of its plans as it announced it is seeking £1 billion equity to fund a programme of river improvements, resilience and service. It has also revealed indicative views on bill rises and key performance commitments.

Locational power pricing would be ‘high risk for little reward’

Octopus invests in offshore wind developer

‘Sheer bloody mindedness’ to completely exorcise gas generation

New Balancing Reserve service to be fully open to smaller units

The Electricity System Operator (ESO) has reversed a decision that would have effectively ensured that a substantial portion of contracts for its proposed new Balancing Reserve service would be awarded to large gas plants. The body said its new position will fully open the market a wider pool of providers, including smaller and aggregated units.

SoLR payments to be extended after supplier pushback

Radical electricity market reforms ‘must be taken off the table’

Ofgem fines Morgan Stanley £5.4m for traders’ WhatsApp messages