Anesco is investigating how it could adopt flow batteries into future projects instead of lithium as a response to growing uncertainty around the future of storage de-rating in the capacity market.
The Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are de-rated within the Capacity Market (CM).
UK power producer Drax has laid out its intention to repurpose its coal plants after increased depreciation of those assets caused the firm to incur a H1 loss.
A new report issued by the Association for Decentralised Energy (ADE) has said failures within the Capacity Market mechanism are undermining the UK’s efforts to decarbonise its power sector.
Rolf Martin Schmitz, the chief executive of German energy giant RWE, has said his company is casting at least one eye on the UK energy market for future M&A activity.
Provisional contracts of over 312MW of demand side response (DSR) capacity have been awarded in the latest transitional capacity market auction, the last to be dedicated solely to the demand turn down.
Thousands of UK businesses could save at least £20,000 a year by helping National Grid balance supply and demand, according to SmartestEnergy, which is currently bidding to provide 100MW of demand side response (DSR) in the capacity market.
The role end users play in the security of the UK’s energy supply is to grow significantly after demand side response gained three times the number of agreements it did in this year’s Capacity Market auction compared to last year.
