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”.
EDF Energy is seeking to build a portfolio of domestic batteries to take into energy services markets by offering discounted energy storage units to consumers via a new partnership with manufacturer Powervault. The pair is offering existing solar PV owners as much as £2,000 off the cost of a home battery system if they sign up to EDF Energy grid services. If taken up, this will allow the energy stored in a Powervault 3 battery to form part of an aggregated network that can be used to help balance the grid.
Read the full article on Energy Storage News: https://www.energy-storage.news/news/sharing-batteries-for-grid-services-could-net-us2500-discounts-for-edfs-uk
Two new reports from BloombergNEF recommend that the two northern European countries should implement policies to accelerate the adoption of energy storage and smart electric vehicle charging, while also improving demand response and interconnection to Nordic hydropower reservoirs. All of these actions are expected to further reduce fossil fuel dependence and add flexibility to their respective energy markets.
read the full article on PV Magazine: https://www.pv-magazine.com/2018/11/21/uk-germany-should-push-on-storage-evs-bloombergnef/