capacity market

Piclo secures £562k BEIS grant for energy ‘eBay’

Technology & Operations

Piclo secures £562k BEIS grant for energy ‘eBay’

Piclo, the digital company that has developed online trading platforms for energy flexibility, has secured £562,000 in funding from the Department of Business, Energy and Industrial Strategy (BEIS) to launch and trial a new type of online flexibility market.
UK Capacity Market suspended

Gas

UK Capacity Market suspended

The UK Capacity Market has been suspended following a Tempus Energy challenge and landmark European Court of Justice (ECJ) ruling.
BEIS rebuked over capacity market rule change for batteries

Power

BEIS rebuked over capacity market rule change for batteries

The Department for Business, Energy and Industrial Strategy (BEIS) has been criticised for circumventing Ofgem to propose changes to the capacity market rules for battery storage.  
Developers pin hopes on batteries as renewables flatline

Policy & Regulation

Developers pin hopes on batteries as renewables flatline

Independent developers are turning their attention to the storage market after the growth of renewables flatlined towards the end of last year, a new report by Smartest Energy has found.
Storage providers among capacity market winners

Gas

Storage providers among capacity market winners

At least 169MW of energy storage will be brought forward with support from capacity market contracts beginning October 2020.
Government capacity market measures will hit distributed generation, ADE warns

Gas

Government capacity market measures will hit distributed generation, ADE warns

Measures being considered by the government to limit the role of diesel generation in the capacity market will mostly hit distributed generation, and will not increase the number of contracts awarded for new gas power stations, the Association of Decentralised Energy (ADE) has warned.