Greg Jackson

Frequency markets are a critical element for an energy system and in de-regulated markets can make up a material chunk of the value stack for assets able to provide frequency balancing services, like battery storage but increasingly including other asset types like EV fleets. In Australia that means FCAS (Frequency Control Ancillary Services). In GB that means Dynamic Containment, Moderation and Regulation, collectively the Dx markets. Whilst there are some common elements between different energy markets there are also some really significant differences. In this video Gridcog's Rachel Madden introduces those GB services, what they do, how they trade and how they work together to keep the lights on. For Gridcog customers wanting to access frequency market revenues we provide a range of features to allow you to model how best to do that to achieve your project goals.

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We often talk about *Value Stacking* in energy projects — stacking and optimising across multiple pools of value 🍔 I want us to also be talking more about *Resource Stacking* — stacking and optimising multiple energy resources 🍱 When resources like solar, storage, and load flexibility are co-located and co-optimised, we can use network capacity more efficiently, and create more value in energy markets and more value for consumers 🙌 #energytransition #energyoptimisation

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Sia Partners and Cadent Gas Limited are supporting the people most affected by the living crisis by designing and launching The Warm Homes Network, a new UK fuel poverty Partner Ecosystem initiative. This partnership ecosystem brings together diverse organisations to create a community of trusted partners which offers single source of support to vulnerable customers. It includes utility providers, Cadent, Northern Gas Networks, National Grid, local governments and charities as well as technology providers, Google Cloud.   We have launched initial pilots in Birmingham and Cumbria, two areas identified as having high levels of deprivation in the UK. So far, this ‘one-stop-shop’ benefits support has saved households an average of £8,950, and we are now working at scaling the programme to offer the following support to vulnerable customers across the UK: - Grants, benefits check and application support - Money management advice - Fuel and water debt advice - Energy efficiency and low carbon technology advice, in-depth assessments and retrofitting measures This is necessary as fuel poverty is an increasingly prevalent issue, illustrated by the statistics published by National Energy Action in 2023 stating that 6.5 million UK households are now predicted to be in fuel poverty from January ’24, a 31% increase from October '21. Aby Handler Alessandra Ciniero, PhD   Phil Burrows, MBA Mark Belmega Gurvinder Dosanjh Kate Ravenscroft nicola campbell Gary O'Sullivan, Stephen Deadmon, Scott Flavell, Saul Lew Yousuf M. Olivia Tomalin

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Did you know 53.3% of the UK’s total generation capacity now comes from the independent sector? ⚡ Download our UK Renewable Independent Sector report for a snap-shot of the UK independent generation market and to find out how their current contribution to the generation mix is bridging the gap to the future energy system. 👉 Download the report here: https://lnkd.in/e4mHNBtA #RenewableEnergy #IndependentGenerators #NetZero #Decarbonisation

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Increasingly around Europe, large new housing development connections are being hindered, in some cases even prevented, by dwindling local capacity margins resulting from rapidly increasing demand and grid development bottlenecks. If we are to enable decarbonised homes at scale we need to reduce the local energy burden by harnessing local built-in flexibility (such as dynamic load averaging) to enable new and existing developments to fit into the existing grid. This requires a lot of co-operation from many stakeholders. LEMA is initiating and driving this collaboration forwards at scale and we are delighted to be a part of it.

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📈 Transmission Network Use of System (TNUoS) demand charges could increase by around 33% for businesses from 1 April 2025. That's according to National Grid's 5 Year View, published last week. 📊 The fixed, HH and NHH charges are all expected to rise on average. But as the fixed component is now the vast majority of TNUoS (read: all of the tariff for anyone north of the midlands), its the 33% increase to the fixed tariff that will have the most influence. This follows a reduction in 2024-25 TNUoS compared to last year's levels ☝ The longer term forecast out to 2029-30 predicts smaller year-on-year rises to TNUoS. Although clearly there is a lot to be finalised between now and then, including the RIIO-ET3 price control. 🧔 A standard Low Voltage Site Specific Residual Band 2 customer might expect to see an increase from £2,640/year in 2025/26 to £3,010/year in 2029/30, based on these figures. Read the following link for more Intelligence: https://lnkd.in/eatuuaJ5

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In this blog, we take a closer look at some of the different wholesale energy markets in GB and explore common concepts, such as how trading between these markets works 📈 Click the link to read the full blog. https://lnkd.in/e_WasgjU

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It's great that we're seeing trust being regained in energy suppliers. They have an important role to play in the energy transition, and with their intimate customer touchpoint are well placed to be supporting the move to net zero by engaging customers with excellent experiences, information and support. Let's hope that reports that electricity smart meter installations plummeting to their lowest levels since 2020 is just a blip, and retailers can continue to drive installs to support better data, and unlock flexibility opportunities at scale. #energytransition #netzero #retailenergy #customerengagement https://lnkd.in/e3A_jeHe

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Top 2 takeaways… ☀️ Solar farms occupy a minimal land area, posing no threat to food production. ☀️ They combat climate change, the biggest threat to food security according to Defra.

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As the task of decarbonisation becomes ever more urgent in our warming world, so does the demand for what SSE plc has to offer in building a clean, secure and affordable energy system. I’m pleased to say that in 2023/24 we were able to go further in our response to that demand. An unwavering focus on developing, building, operating and investing in clean energy infrastructure is the driving force behind the long-term value we create for shareholders and society. Here are the six key areas where you can see our strategy in action... ➡➡➡ Read more about how we are powering sustainable growth in our Annual Report: https://buff.ly/4elr4Ec

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It's fantastic to see National Grid's new series 'Behind the Grid' launch with such an engaging and informative first episode, 'From Sea to Shore.' This series promises to offer a unique glimpse into the intricate and critical work that goes into powering the UK, starting with the vital role of interconnectors. It's a great opportunity for viewers to appreciate the complex systems and dedicated teams that ensure our electricity supply is safe, reliable, and efficient. Looking forward to the next episodes! 💡🌍#Sustainability #Innovation #gridutilization #gridmodernization #gridresilience #gridreliability #digitaltransformation #bridgingtechandutilities #netzero #AI #predictivemaintenance #conditionbasedmaintenance #actionableinsight

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I'm proud of the strides we've made with our latest Climate Transition Plan (CTP). Our CTP document summarises really clearly the different buckets of our emissions, the progress we have made, and our plans for dealing with each one. We set out clearly the dependencies and trade-offs involved, including the policy and regulatory support needed. We have also aligned our plan with the newest Transition Plan Taskforce guidance. We are focused on delivering net zero whilst maintaining reliability and affordability. #ClimateLeadership #NetZero

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Did you know that up to 60% of your business energy bill isn't from the energy you use? Uncover the mystery behind these hidden costs. Our guide reveals what non-commodity charges are, how they impact your bills, and strategies to reduce your energy expenses. Dive into the details 👉 https://lnkd.in/edfC7hnV

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Morning Briefing 18/04/2024 Day ahead (DA)/Intraday   ·Demand is currently at approx. 30.8GW and due to peak this evening at 34.5GW. ·DA markets auctioned between £50 - £112 yesterday for today. ·Baseload auctioned at @ £73.91 in the 1hr and £75.52 in the 30min auction. ·Wind generation is currently at 5.1GW and due to climb to over 15GW tonight, staying at similar levels tomorrow before dropping down to 9.5GW in the evening. Solar is due to peak at 8.4GW at midday. ·Current intraday power price at time of writing was £86.04/MWh with gas providing 25.8%/8.96GW, wind providing 18.2%/6.32GW, solar providing 12.6%/4.39GW and nuclear providing 15.3%/5.31GW of UK demand. ·DA gas is currently trading at 77.15p/th (2.63p/KWh) ·DA power is trading at £45.00MWh (4.5p/KWh) Month ahead (May 24) ·May NBP gas is currently down 1.77% at 76.77p/th (2.62p/KWh). ·May TTF gas is currently down 2.19% at €30.61MWh. ·May UK Baseload closed at £66.0MWh (6.60p/KWh) ·UK gas prices fell yesterday, with the DA price falling 5.67% as the outage in Norway concluded and supplies were higher than previous days. Along the curve, the Win24 contract closed down 4.27%, as an expected reduction in consumption due to a milder weather outlook added pressure to the market. ·UK power prices had a mixed day yesterday, as the DA price climbed over 5% due to the forecast dropping wind generation, Along the curve, the Win24 contract fell 3.62%, driven by the gas price and the increased Norwegian flows in the market. ·Oil prices are negative again this morning as the market remains concerned about demand this year and on signs that wider conflict in the key Middle East producing region could be avoided.   ·Latest forecasts still continue to show a peak in temps tomorrow and then drop back below.       ·We are expecting 4 LNG cargoes in the coming weeks.   ·UK Gas prices as of Wednesdays close -  o   Month ahead 78.15p/th (2.67p/KWh) down 5.67% DoD* o   Q3 24 78.62p/th (2.68p/KWh) down 5.72% DoD o   Winter 24 93.92p/th (3.21p/KWh) down 4.27% DoD ·UK Power prices as of Wednesdays close – o   Month ahead £66.20/MWh (6.62p/KWh) down 4.61% DoD* o   Q3 24 £70.37MWh (7.04p/KWh) down 4.37% DoD o   Winter 24 £83.67MWh (8.34p/KWh) down 3.62% DoD *DoD = Day on Day All prices and info correct at time of writing. Eco Logic Partners Jason Gary William Sam Karl Martin Chart credit - e*star #trading #energy #power #gas #markets #renewables #wind #lng #energymarkets

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As a happy Octopus Energy customer I was surprised folowing a recent e-mail that they think that energy standing charges are high and need to be reduced! It’s similar to comments in a recent political manifesto. From what I see I would expect them to rise: 1) The network needs to be much bigger and therefore needs more investment and maintenance. 2) The planning reforms needed to speed things up (identified in the Winser report recommendation #13) suggests we need to pay people affected by infrastructure expansion. I agree with this (it worked in Texas when I was there) but it needs to be significant. 2) The ESO will become the FESO who will add circa 20,000 roles that will need to be paid for (civil servants?) 3) Grid services (restoration, voltage and inertia) will need to increase, hence more costs. 4) Investors will require a return above the average weighted cost of capital (WACC) and to compensate adequately for supply chain risks (copper is expensive right now) and recent OEM technical problems. 12-15% seems reasonable to me. Is it therefore realistic to assume these standing charges will fall if most parties say taxes will not increase? Lower carbon yes, but lower cost? I’m not convinced. Happy to be persuaded otherwise.

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Octopus launches new partnership to offer cheaper home energy. Octopus Energy and Enphase Energy have teamed up to bring Enphase's solar and battery systems to the UK, allowing Octopus customers to access low cost residential energy rates and smart tariffs. Kraken Devrim Celal #energybills #energycrisis #energycosts #electricitybills #electricitycosts #costoflivingcrisis #solarenergy #batterysystems

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UK's Octopus Energy Dives into US Solar Market 🌞 TL;DR: Octopus Energy has entered the US renewable energy market with a new solar energy deal, broadening its green energy reach. Highlights • Strategic move: UK-based Octopus Energy expands into the US • Focus on renewables: Secures significant solar energy deal • Global impact: Expands operations, underscores commitment to renewable energy • Strategic growth: Leveraging the US market to advance sustainable energy #RenewableEnergy #SolarPower #GreenEnergy #Sustainability #OctopusEnergy #USMarket #CleanTech Article Source https://lnkd.in/gNEY7pTr

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