The Capacity Market (CM) was seen as a good/stable income stream for grid-scale battery projects worth around £20k per MW p.a. However, a recent decision by the Government has just blown a hole in potential new capacity market contracts!
You’ve got a generating station - perhaps it’s renewable (such as wind or solar) or perhaps it’s a battery bank - but, you have a constrained network connection meaning you can’t always export everything that you generate.
As widely expected, the Department of Business, Energy and Industrial Strategy (BEIS) has announced this morning that there will not be any RHI degression for any of the eligible technologies coming into effect on 01 January 2018.
Do you know…
It can be well worth checking.
You may have read a number of news articles recently stating that electricity generation from coal is decreasing in the UK. It’s true… in the second quarter of 2017 (shown in the graph below as 2017 Q2) just 2.0% of electricity was generated from coal, the equivalent of 1.5TWh.
As part of our Energy Account Management (EAM) service, our engineers will visit customer’s sites.
The TRIAD season is almost upon us once again. It’s time for another look at the outcomes of previous seasons which assist you in either avoiding TRIAD demand periods if you import electricity or hitting them if you export electricity.
Back in March this year OFGEM announced their final decision to remove (as good as) TRIAD income for embedded generators. I wrote a blog about it, which you can read here.
With renewable energy and energy storage becoming increasingly researched and debated throughout the world, engineers and researchers are coming up with unique ways for storing this energy.
Winter is fast approaching, whether we are ready or not. The onset of winter means that business electricity prices will rise and this year we will also need to be prepared for the introduction of the Capacity Market (CM) and the additional costs that go with it.
