10min chapter

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The role of the Optimiser in GB with Chris McLeod (Head of trading @ Habitat Energy)

Transmission

CHAPTER

Markets for Batteries in the Electricity Grid

This chapter explores the different markets that batteries can participate in, including response markets, energy trading, reserve markets, and stability markets. It discusses how batteries provide quick response times to balance supply and demand, and the potential for battery assets to be paid for their availability through frequent and competitive auctions. The chapter also examines the decision-making process for choosing between response markets and wholesale markets, highlighting the importance of accurate forecasting.

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