capacity market

March 10, 2021

T-4 Capacity Market clears in round 12 at £20 – £15/kW/year

The T-4 Capacity Market auction has cleared in its 12th round today, with a price between £20 - £15/kW/year.

The Vulnerability Commitment’s signatories include Octopus Energy

March 8, 2021

BEIS opens Capacity Market consultation that could require units to enter Balancing Mechanism

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).

March 3, 2021

T-1 Capacity Market auction clears at record £45/kW/year given tighter generation

The T-1 Capacity Market (CM) auction has cleared at a record high price of £45/kW/year on day one.

February 12, 2021

Have batteries solved the ‘missing money’ problem?

February 10, 2021

BEIS bumps up T-1 Capacity Market auction target to 2.4GW

The Department for Business, Energy and Industrial Strategy (BEIS) has increased the target for the next T-1 Capacity Market auction from 0.4GW to 2.4GW following the latest guidance.

‘I suspect there will be a similar scheme to triads next year

January 13, 2021

Sixth EMN issued while day ahead prices jump to £1,500/MWh as capacity remains tight

The volatility in the energy market has continued this week, with National Grid ESO issuing another Electricity Market Notice (EMN) while day ahead prices just to almost £1,500/MWh.

January 13, 2021

Boosting battery storage capacity by 20GWh could cut wind curtailment by 50%

An increase of 20GWh of battery storage could reduce the amount of wasted wind power in Great Britain by 50%, according to new analysis from LCP.

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.

January 5, 2021

National Grid ESO issues another Electricity Margin Notice as temperatures drop

National Grid ESO has once again issued an Electricity Margin Notice (EMN) as tight demand is predicted for this evening.

December 8, 2020

Local electricity pricing could save consumers £2.1bn annually

Introducing local electricity pricing could reduce electricity system costs by as much as £2.1 billion a year from 2030 onwards, according to a new report.

December 3, 2020

National Grid ESO issues CM notice as low generation eats into its safety buffer

National Grid ESO has issued a Capacity Market (CM) notice for this afternoon, with the margin set to fall below the set threshold.

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