All Capacity Market Units (CMU) may be required to be part of the Balancing Mechanism, according to a new consultation launched by the Department of Business, Energy and Industrial Strategy (BEIS).
Elexon has hailed a "ground-breaking" modification to the Balancing and Settlement Code (BSC) that will allow individual asset meters to be used for settlement purposes.
Arenko has become the first provider to qualify a non-Balancing Mechanism Unit (BMU) while complying with Dynamic Containment's requirement for real time monitoring.
In January, EDF was paid more in three days than it did in Q3 2020, as low winds and cold temperatures pushing National Grid ESO’s ability to balance the system.
Battery storage was called into action following the IFA2 interconnector with France – which went live late last month – tripping on Friday (29 January).