If small diesel and gas generators can stack up enough revenue streams to underpin investment, why can't storage, which may have even more services to offer? Janet Wood found that at this stage of development, the many options of storage make it more difficult to set out a clear investment case.
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The current incarnation of the Short Term Operating Reserve market has been in place for around eight years, running three tenders a year.
Diesel farm investor Plutus has “recognised how valuable the [Capacity Market] auction is," company chairman Charles Tatnall told New Power. Tatnall said Plutus hopes to have at least 140MW of capacity to bid into the 2015 auction (for delivery i