In this week’s blog, we focus on developments for the Balancing Market (BM) in the SEM.
The BM is where the Transmission System Operator (TSO) can take actions to ensure the transmission system remains within operational parameters as supply and demand changes. Actions here ultimately determine the imbalance settlement price (ISP) for settlement of balancing actions.
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Announcement
We released 13 podcasts in 2020 covering all aspects of the energy market, from the Capacity Market and Electric Vehicles to Faster Switching and heat networks. Here are our top five podcasts of the year, ranked by the number of people who listened. 5. The Impact of COVID-19 on System...
Low carbon generation
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Energy storage and flexibility
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Low carbon generation
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Commercial and market outlook
This article was originally published on 9 June 2020 in our ‘Energy Spectrum Ireland’ publication. Since Cornwall Insight launched the Energy Spectrum Ireland Service in 2015, it has been providing insight on key developments in the energy markets in Ireland. With the macro market trends of decarbonisation, decentralisation and digitilisation,...
Low carbon generation
The COVID-19 pandemic and subsequent lockdown restrictions have severely impacted the GB energy market with demand and prices at record lows. As market conditions have drastically changed, National Grid Electricity System Operator (NG ESO) has been much in the spotlight, with the current low demand scenario providing new operational challenges....
Low carbon generation
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Energy storage and flexibility
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