UK energy regulator Ofgem has confirmed it will press ahead with a contentious reform of electricity network charges which stands to damage the economics of distributed generation and energy storage projects in the country.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Approval has been given to the compliance plans of two more US RTOs and ISOs to be filed under FERC Order 841, the ruling set by the US Federal Energy Regulatory Commission (FERC) designed to open up regional grid operators’ wholesale markets to electricity storage.
UK energy regulator Ofgem has been accused of “passing the buck” over the financial repercussions of its Targeted Charging Review (TCR) on flexibility projects in the country.
The UK’s regulator, Ofgem, is hoping to eradicate the double-charging of storage assets through the addition of a formal definition of energy storage to the regulatory framework.
This year’s Energy Storage Europe event marked something of a culmination of “more or less 10 years of continuous evolution” in the industry, Energy-Storage.news has heard.
Topics previously off-limits due to commercial sensitivity or just a lack of experience from the field, were explored in depth at this year’s Energy Storage Summit in London.
In today’s third and final instalment of our series to welcome in 2019, we look at what our respondents are expecting to see this year, what they would like to see happen and some of the ways they will be trying to fulfil those expectations.
Transmission system operators in the US have begun making their moves to accommodate energy storage into their wholesale markets, with New England ISO and Southwest Power Pool both making filings in the past month.
Ofgem is to consider Scottish Power’s proposal to create demand side response (DSR) technology classes intended to apply new de-rating factors to energy storage used as part of DSR bids into the Capacity Market in 2019.
