High wind over the weekend sent power prices plunging as a surge in UK wind generation triggered negative prices for a record length of time, according to National Grid.
Engie has acquired a majority stake in energy and flexibility aggregator KiWi Power in a deal which has seen chief executive Yoav Zingher leave the company.
Flexibility providers with units as small as 1MW will be able to access the Balancing Mechanism (BM) by April next year under proposals published by National Grid which will also allow aggregators to play in the market.
Kiwi Power has completed its latest behind-the-meter battery installation at a manufacturing site in Plymouth as the demand aggregator continues to target the commercial and industrial (C&I) sector with similar projects.
