balancing mechanism - Network Magazine

Energy trading and asset management in a ‘flex’ market

Customers, Features, Gas, Heat, Power, Strategy Management / aaliyah.murphy

For a two week period in May 2019, Great Britain met its electricity needs without burning coal. This was the longest period that the country has gone coal-free since the 1880s. The coal-free fortnight followed a period of one week without coal earlier that month, and a further period of 90 hours without coal over the Easter weekend. According to Finton Slye, director at the National Grid Energy System Operator (ESO), this trend of providing for Great Britain’s energy needs without coal is the “new normal”.

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Energy consumers continue to shape market

Dr Alastair Martin, CSO of the Edinburgh-based firm, believes that the mounting popularity of electric vehicles, a growing interest in the potential of domestic DSR and the now mainstream participation of UK businesses in arenas such as the capacity market are symptomatic of a trend that is blurring the lines between the consumer and industry.