A route to market for residential flexibility resources to access grid balancing revenue streams could save individual households in Britain more than £200 (US$260.90) each, according to a new study.
Battery assets have been used in the UK’s Balancing Mechanism for the first time via a virtual power plant, marking the start of what could be a new era for energy storage business models in Britain.
Energy storage and other flexibility providers with units as small as 1MW will soon be able to access ‘Great Britain’s core flexibility market’ under reforms being proposed by transmission system operator, National Grid.
Britain’s transmission system operator National Grid has confirmed it will roll out the use of its Ancillary Services Dispatch Platform (ASDP) to a number of services over the next year following the successful dispatch of fast reserve using battery storage last month.
UK transmission network operator (TNO) National Grid has used a new web-based platform to dispatch ancillary services using battery storage in the first example of the new system being implemented across its reserve products.
‘Flexibility services provider’ Eelpower has bought up its second grid-scale energy storage system from developer Anesco in the UK, the 20MW Rock Farm battery in Shropshire, England.
The UK’s transmission system operator National Grid’s redesigned Capacity Market targets around 50GW of reserves up to 2023 and could be an early step towards longer duration energy storage batteries.
Energy asset developer and owner Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in England, in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.
Enel has completed its first grid-scale stand-alone battery, becoming the latest developer in the UK to complete a project backed by an Enhanced Frequency Response (EFR) contract from the transmission system operator.
Britain’s transmission system operator (TSO) National Grid has said it wants a new procurement process for ‘black start’ capabilities up and running by the mid-2020s, and wants it to involve renewables and battery energy storage.
