National Grid proposals to reform the UK’s balancing services market would enable the rapid uptake of energy storage and other flexibility technologies, according to the Renewable Energy Association (REA).
REA was commenting on a report by National Grid – ‘System Needs and Product Strategy’ – which is a consultation seeking industry views.
The report acknowledges the need to change from business-as-usual to account for rapid improvements in renewable energy and clean technologies, REA said.
It added that the proposals would simplify the current system of incentives.
“These proposals include examining a new frequency response product which for the first time puts a value on inertia – an essential element of running the grid – new reactive power products and the acknowledgement there are too many ‘products’ at present, which will be rationalised and then standardised,” REA said.
REA policy manager Frank Gordon said: “Our members will welcome the move to simplify what is currently a complex hodgepodge of incentives built up over many years.
“These National Grid proposals will increase transparency in the balancing services market, which is one of the markets identified as critical if we are to upgrade our energy system so it is cheaper, less polluting and more flexible.”
Image: National Grid