open energi

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.

​Octopus Electric Vehicles is preparing a path for its vehicle-to-grid (V2G) project Powerloop to become the first to enter National Grid ESO’s Balancing Mechanism.

BP has acquired Open Energi, with ambitions of scaling up globally and continuing to build on its commercial growth.

​Zenobe Energy is to enter a new battery into the Balancing Mechanism (BM) as part of an optimisation deal with Open Energi and Erova Energy.

​Open Energi is to target the opitmisation of up to 500MW of assets in a new partnership with Erova Energy.

​Flexibility providers have welcomed the firm frequency response (FFR) auction prices for January announced this week, which were again high.

​Open Energi is partnering UK battery storage firm Zenobe Energy for the automated trading and optimisation of the latter's grid scale Hill Farm battery.

Energy storage firm redT and technology specialist Open Energi are to use a vanadium redox flow machine to provide grid frequency response services for the first time.

Open Energi has partnered ITM Power to use AI for the optimisation of hydrogen production through use of clean electricity.