Balancing mechanism

New records have been set for day-ahead power prices, energy market analyst EnAppSys has highlighted.

The US startup Digital Power-Optimization is seeking to secure under-utilised renewable power generation assets. The growth in Bitcoin and other cryptocurrency mining, with the large power requirements of data centre-scale mining operations, is leading to...

A new ancillary service procured by National Grid to manage the frequency of Britain's electricity system is set to support the country's green energy transition and provide new opportunities for battery projects.

Flexitricity Limited has been acquired by Quinbrook Infrastructure Partners from Swiss multinational Alpiq AG.

Statkraft has contracted with UK distributed energy company AMP Clean Energy to trade flexible generation in its Urban Reserve natural gas peaking plant portfolio.

Three projects in the US are to implement the first green hydrogen standard packages for power balancing and energy storage

Chile's Independent System Operator has announced that its 141MW Luz del Norte PV power plant is the world's first known utility-scale solar facility licensed to deliver ancillary grid services commercially.

UK utility SmartestEnergy has announced that it has completed its first trade in Britain's Balancing Mechanism. The company dispatched 37 MW into the near real-time market on Wednesday having been issued a Bid Offer...