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Batteries see 149% increase in BM activity

Batteries see 149% increase in BM activity: Research from Cornwall Insight’s ‘Balancing Mechanism report’ highlights that there are significant changes in the technology type that has been providing balancing actions to the National Grid Electricity System Operator (ESO), with activity from newer asset types seeing the greatest year-on-year increase.   Accepted volumes in the Balancing…
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Batteries FCAS revenues $290,000/MW more lucrative

Batteries FCAS revenues $290,000/MW more lucrative in SA than in Victoria: The Frequency Control Ancillary Services (FCAS) markets are (mostly) created equal, with volumes procured across the National Energy Market (NEM) and prices settling at similar levels across each state most of the time. However, prices can deviate due to contingency events (interconnector failing or…
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Cook Island to get battery storage for microgrid

A contract to supply three 40-foot battery storage technologies for a microgrid on Cook Island has been won by Rolls-Royce. Energy solutions provider Vector Powersmart will integrate the MTU EnergyPacks into an existing power plant run by local utility Te Aponga Uira on the Pacific island of Rarotonga. With a storage capacity of 4,268kWh and…
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Social Energy wins first ever domestic FFR contract

Social Energy wins first ever domestic FFR contract: Social Energy has won the first ever fully domestic contract with National Grid Electricity System Operator (ESO) to supply week-ahead Firm Frequency Response (FFR), following the results of a recent trial weekly auction.  The green energy supplier will use 80 per cent of its fleet of battery-powered customers…
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New competition for upcoming Capacity Market auctions

New competition for upcoming Capacity Market auctions: Research from Cornwall Insight’s Capacity Market Forecast highlights that the recent changes in Capacity Market (CM) rules and the technology mix will see greater competition and change in the technology entering* the T-4 auction in March 2021 compared to the previous T-4 auction.   Forecasted changes to the…
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UK solar project to get GE battery storage

UK solar project to get GE battery storage:  A solar power plant in the UK has chosen GE Renewable Energy to provide and integrate a 25MW battery storage system. Using GE’s Reservoir Energy Storage technology at the Chelveston Renewable Energy Park, Wykes will add 60MW of solar capacity for a total of 120MW of solar…
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Second green bond launch by Warrington Council

Second green bond launch by Warrington Council: A new solar and battery project near Cirencester is looking to raise £1 million of funding after Warrington Borough Council joined forces with Abundance Investment. Community Municipal Investment (CMI) revenues generated will be used to support Warrington’s efforts to become Britain’s first carbon neutral town and other green…
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Excess power to grid payments for households

Excess power to grid payments for households: In parts of South London, Hertfordshire and Kent, Social Energy’s customers will receive a yearly payment of £125 for the next four years for participating in a smart grid project. The project, follows a partnership with UK Power Networks, which will be available to around 100 homes initially…
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Subsidy-free solar & battery project bought

Subsidy-free solar and battery project bought by GRIDSERVE: An operational solar farm and battery storage project near Bedfordshire has been bought by GRIDSERVE that was built by Anesco without any subsidies from government. The sale of Clayhill has been completed by Anesco, which has a 6MW energy storage facility and a total solar capacity of…
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Shell’s new tariff includes solar storage deal

Shell’s new tariff includes solar storage deal: A new solar storage tariff has been launched by Shell Energy, which aims to lower household’s carbon footprint, reduce electricity bills and contribute to driving the UK’s clean energy transition. The new tariff comes as part of a new partnership of the energy subsidiary of the oil giant…
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