The term “security of supply” and suggestion that the lights could go out was “old thinking”, the Scottish Government’s Economy, Energy and Tourism Committee heard in an inquiry into the matter.
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Ofgem has said it is “minded to” allow National Grid to continue procurement of the Strategic Balancing Reserve (SBR) and Demand Side Balancing Reserve (DSBR) to cover the winters of 2016/17 and 2017/18 although the industry argues the two measure
Tempus Energy is set to break the mould of energy supply companies. But as founder Sara Bell tells Janet Wood, that wasn't the original intention
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.
System operator National Grid says margins “look set to remain tight” in the winters of 2016/17 and 2017/18 and it will consult next month on whether to extend its strategic balancing reserve (SBR) and demand side balancing reserve (DSBR) measures
The Department of Energy and Climate Change (Decc) has invited participants to sign up for its second Electricity Demand Reduction (EDR) pilot auction early next year. Decc has up to £6 million in total available for projects delivering savings
“We need your flexibility – and those that respond will get payback”.
National Grid’s “Triad” peak charging methodology has helped reduce demand peaks since the early nineties. Brendan Coyne asks: Will it still be effective as the market changes?
Tempus Energy launched a supply business in March promising to help customers access demand-side benefits - clainmed by founder and chief executive Sara Bell to be a potential £8 billion annually.
What brings the demand side to the table? Alastair Martin, chief strategy officer at Flexitricity, says they need infinite patience. “A lot of the companies we deal with are very big companies.