Balancing Mechanism Service

  • Press Releases

    Batteries see 149% increase in Balancing Mechanism activity

    Research from Cornwall Insight highlights that there are significant changes in the technology type that has been providing balancing actions to the National Grid Electricity System Operator (ESO), with activity from newer asset types seeing the greatest year-on-year increase. Accepted volumes in the Balancing Mechanism (BM) from identified batteries, gas...

  • Media Mentions

    Power Technology | UK energy balancing charges increase amid Covid-19 lockdown

    Lee Drummee Analyst at Cornwall Insight featured on Power Technology discussing the effects of fall in energy demand, caused by the UK Covid-19 lockdown on the Balancing Mechanism. He explained that the fall in energy demand because of the Covid-19 lockdown was always expected to increase the £/MWh rate of...

  • Media Mentions

    Smart Energy International | The effects of lockdown on the balancing mechanism

    Cornwall Insight research highlighting the Balancing Mechanism actions doubling compared to the same time last year was featured in article by Smart Energy International. Overall, across the two months, 7.1TWh of actions were accepted compared to 3.3TWh in April and May 2019. Accepted bid volumes (i.e. to reduce generation) in...

  • Press Releases

    Cornwall Insight comments on £51mn cost to balance the electricity system over the Bank Holiday

    The Bank Holiday (23-24 May) saw the UK experience warm yet windy weather. Coupled with the significantly low levels of energy demand observed during the lockdown, it is no surprise that the level of activity from National Grid Electricity System Operator (ESO) to turn down generation was high. As a...