As part of the demand flexibility service trial, energy company British Gas has paid out over £1.8 million since December 2022, saving at total of 147MWh of energy.
In our weekly issue of Current± Price Watch – powered by Enact – we take a look at Britain’s interconnector plans, the approach of the end of the ESO’s Winter Enhanced Actions options, and passing on the drop in wholesale prices to consumers.
Octopus Energy has called for the end of the use of coal as a backup energy source, as the ESO activates its contingency coal units for the first time this winter.
National Grid ESO has called on four of its contingency coal units to warm, as well as issuing an electricity margin notice (EMN), as capacity margins for this evening’s peak look tight.
An independent assessment by Energy Saving Trust has found that Passiv UK’s smart heat pump controls increase the space heating Coefficient of Performance (CoP) by 25% for hybrid heat pumps and 17% for standalone heat pumps.
In this week’s edition of Current± Price Watch – powered by Enact – we take a look at the caution suggested by the high T-1 Capacity Market clearing price, the changing face of nuclear in Britain and the saving seen by industrial participants in the ESO’s Demand Flexibility Service.
In this week’s edition of Current± Price Watch – powered by Enact – we take a forward look at potentially tight margins as the relative stability of recent weeks is savoured, as well as check in with SMS about demand reduction and Open Energi about the growing role of batteries in the Balancing Mechanism.