capacity market

The Norwegian-based business has called the UK a “huge growth market” following the installation of over half a million EV chargers. Image: Getty.

December 2, 2020

BEIS consults on inclusion of EV in the Capacity Market to build supply security

The Department of Business, Energy and Industrial Strategy (BEIS) is consulting in the inclusion of electric vehicles (EVs) in the Capacity Market (CM).

ADE: ‘recent governmental moves risk undermining positive climate action’. Image: Getty Images.

October 1, 2020

New CfD projects contributed 18.8TWh of low carbon generation in 2019/20

During 2019/20, 11 Contracts for Difference (CfD) projects became operational, generating enough low carbon electricity to power Wales.

September 24, 2020

Limejump takes first subsidy-free wind farm into the BM

Limejump is to trade the power output of the first subsidy-free Scottish wind farm, taking it into the Balancing Mechanism (BM).

September 22, 2020

Current± Chats: Flexitricity's Alastair Martin on the ease of trading in the BM as a VLP

The Vulnerability Commitment’s signatories include Octopus Energy

September 16, 2020

UK electricity system price spikes to over £500/MWh due to low wind

The UK’s electricity system price spiked to over £500/MWh last night (15 September) in response to low levels of wind generation.

July 14, 2020

BEIS to target 0.4GW in T-1 auction despite National Grid ESO advice

The Department for Business, Energy and Industrial Strategy (BEIS) has set the target for the T-1 2021/22 Capacity Market auction as low as possible at 0.4GW.

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

May 21, 2020

Barriers for storage and DSR removed from the Capacity Market

The government has confirmed changes to the Capacity Market which are designed to remove barriers for demand side response (DSR) and energy storage, making it easier for clean technologies to compete.

April 27, 2020

BEIS looks to relax Capacity Market rules in response to COVID-19

The rules and regulations of the Capacity Market (CM) may be changed the government has said, due to the impact of COVID-19 on holders of capacity agreements.

March 9, 2020

T-4 Capacity Market clearing price jumps to £15/kW as new build assets secure over 100MW

Last week’s T-4 Capacity Market clearing price jumped to £15.97/kW/y as over 100MW of storage was awarded contracts.

February 18, 2020

‘More thought’ needed for storage-led DSR participation in Capacity Market, Ofgem says

Ofgem has said that “more thought” is needed on how demand-side response (DSR) units can incorporate limited duration technologies, such as storage, when bidding for Capacity Market contracts.

Stay Current!

Subscribe to email newsletter!