Articles tagged with: Price Spikes

Australia’s shortened electricity market settlement period to open up opportunities for batteries

9 Jul 2020, 09:50

The Australian Energy Market Commission (AEMC) announced today that five minute settlement windows for spot prices in the National Electricity Market (NEM) will be implemented from 21 October 2021.

Portuguese 700MW solar auction includes price-capped energy storage option

31 Mar 2020, 07:27

An auction for 700MW of grid energy capacity in Portugal is being configured to allow bids from solar and also solar-plus-storage projects to participate on a competitive basis, with guaranteed payments for energy storage co-located projects to use a capping mechanism in the event of 'price spikes'.