Tag: solar

8
Jan

Solar needs storage to compete in National Grid’s UK Capacity Market redesign

National Grid has outlined how renewables could participate in the UK’s Capacity Market, unveiling technology-specific de-rating factors that range from 1–15%.

However National Grid’s Daniel Burke warned that there remains a long way to go before renewables can participate in CM auctions, not least because of the need for policy reform.

Any introduction of renewable energy into the CM would require regulatory overhaul from BEIS and market regulator Ofgem, matters which, Burke said, mean it is “quite feasible” to “take some time”.

Read the full article here