Italy’s electric system operator, Terna, approved contracts for dozens of megawatts (MWs) of energy storage facilities to serve grid-balancing applications each month throughout 2019.
Not only can energy storage be used to “mimic” the roles of existing assets in the electricity network, a gigawatt-scale initiative in Germany shows how ways of thinking about energy storage could save transmission and networks “billions of dollars”, the COO of Fluence has said.
UK editor Liam Stoker writes in a blog for the energy transition and smart power site this week that National Grid’s Distributed Resource Desk – a new platform for managing distributed resources on its network – is starting to enable wider participation in the BM.
National Grid, in its capacity as the UK’s Electricity System Operator (ESO), last week launched a new ‘Distributed Resource Desk’ in its control room in a move hailed as a “huge step forward” for electricity flexibility markets.
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.
