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”.
Wind + Storage in Germany is not an easy business case at the moment to develop. Projects like the one below from EWE only work due to big investment from the Japanese Organization NEDO (New Energy and Industrial Technology Development Organization). In case the production of electricity by the wind park is too high for the grid or the prices at the stock are negative, the operator has to turn down the power or even completely shut the whole wind park down. The problem is that the operator gets paid the whole amount he lost due to being prevented to produce electricity. This regulation erases one major benefit a combination with energy storage would offer. Nevertheless cellution is working with wind project developers in Germany on the development of economical feasible business models that combine a broad variety of revenue streams a battery can offer to a wind park. Get in contact with us to discuss opportunities for wind+storage in Europe and we will support you during the evaluation of the business case.