DETA BATTERIEN 2VEH300 dryflex DETA

DETA BATTERIEN 2VEH300 dryflex DETA

　　12VEG65F 2VEH200 4OPzV200 12VEL80

　　12VEG85F 2VEH260 5OPzV250 12VEL100

　　12VEG100F 2VEH300 6OPzV300 6VEL105

　　12VEG180 2VEH400 5OPzV350 6VEL160

　　2VEG100 2VEH500 6OPzV420 6VEL200

　　2VEG200 2VEH600 7OPzV490 2VEL200

　　2VEG260 2VEH800 6OPzV600 2VEL300

　　2VEG300 2VEH1000 8OPzV800 2VEL350

　　2VEG400 2VEH1200 10OPzV1000 2VEL400

　　2VEG500 2VEH1500 12OPzV1200 2VEL455

　　2VEG600 2VEH2000 12OPzV1500 2VEL515

　　2VEG800 2VEH3000 16OPzV2000 2VEL560

　　2VEG1000 20OPzV2500 2VEL600

　　2VEG1200 24OPzV3000 2VEL650

　　2VEG1500 2VEL800

　　2VEG2000 2VEL1000

　　2VEG3000 2VEL1500

　　2VEL2000

DETA battery energy storage system will generate new revenue in the UK grid balance market

DETA battery energy storage system will generate new revenue in the UK grid balance market

Original Title: Battery Energy Storage Systems Will Gain New Revenue in the UK Grid Balancing Market

According to foreign media reports, National Grid ESO, a British power system operator, is seeking to supply multiple applications to new frequency response service providers. And frequency response services are now also involved in the UK grid balancing mechanism.

DETA 2VEH300

Dynamic containment (DC) service is a frequency response assistance service launched by NationalGridESO in October last year to initiate a comprehensive reform of the UK grid service market. The company hopes to allow energy storage system suppliers to receive revenue from dynamic containment (DC) services and generate new revenue from the balancing mechanism, which is a real-time balance between power supply and demand in the grid and an important source of revenue for many battery energy storage systems.

Flexitricity's Controlroom is one of the many battery energy storage asset optimization platforms that has gained revenue from the recently launched dynamic containment market opportunities

Industry leading battery energy storage asset owners in the UK, such as Arenko and Flexitricity, have begun to respond to services by dynamically curbing market supply frequency. Looking ahead, battery energy storage projects can be tendered in both balance mechanism and dynamic containment projects.

NationalGridESO provides a detailed explanation of this change in a document that states, "Through market participation, we recognize that adding services in the balance mechanism will provide added value. We anticipate that this additional flexibility and revenue increase will improve the efficiency of battery energy storage systems to provide electricity services, enhance competitiveness, and thus reduce consumer costs

Given the critical nature of dynamic containment services, NationalGridESO has taken a cautious approach to allow for the acceptance of a stack of "tender offer" (BOA) assets. Those energy storage system suppliers who wish to incorporate a balancing mechanism must ensure that such activities do not weaken or impair the ability of supply dynamic containment services.

Improve the ability to stack revenue

Battery energy storage systems are considered a multifunctional asset that can perform multiple tasks and applications when installed on the power grid side (FTM), benefiting the power grid or utility companies, thereby enhancing the ability to stack revenue. By performing these tasks, multiple applications with different benefits can be obtained, which has long been considered a key driving factor for the strong business case of battery energy storage projects. However, the development speed of regulatory/policy and market frameworks often fails to keep up with technological and market advancements in battery energy storage systems, and in some markets, revenue stacking is only allowed to a certain extent.

As part of the power grid reform, we are pleased to add the balancing mechanism stacking function to the new dynamic containment service. We plan to incorporate this capability into all new services introduced to the market, as we recognize that the added ability to stack in the balancing mechanism will bring additional value

The dynamic containment service was widely welcomed in 2020 because it was not only an important tool for NationalGridESO, but also provided generous returns to participants, with revenue that was 2 to 3 times that of other frequency response services. By allowing revenue stacking, the revenue generated by battery energy storage systems will continue to rise.

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With the continuous increase in the deployment of renewable energy generation facilities in the UK, the demand for grid balancing services is also increasing. For example, low wind and cold weather led to a record price of 4000 pounds/MWh for Electricity pricing in the UK in January this year. This further helps battery energy storage systems enter the equilibrium mechanism market.

DETA BATTERIEN 2VEH300 dryflex DETA

NationalGridESO wrote on LinkedIn: "We anticipate that this additional flexibility and revenue stacking will improve the efficiency of battery energy storage systems in providing power services, increase competitiveness, and reduce costs.

DETA BATTERIEN 2VEH300 dryflex DETA