Transmission

The energy landscape in Great Britain is undergoing constant transformation, driven by emerging technologies, new markets, and evolving regulations and policies. In this episode, we explore the challenges and opportunities within the sector, from navigating the Capacity Market to understanding the future role of battery storage and demand-side response in shaping the energy market today.Lisa Waters, Founding Director of Waters Wye Associates, joins Ed Porter to discuss how batteries can be leveraged for greater impact, the regulatory changes needed for better market integration, and the intricate process of implementing regulatory updates in the UK. Key topics covered include:The evolution of the UK’s electricity markets over the years.Regulatory inefficiencies and the need for more strategic leadership from regulators.The Capacity Market’s purpose and how energy storage fits within this framework.How energy storage could be better integrated into the market and its future role in the GB power system.An overview of the Balancing Settlement Code (BSC) and its role in energy settlements.About our guestLisa Waters is a founding Director of Waters Wye Associates (WWA). She is an economist with over twenty five years’ experience in the energy sector, working for a wide variety of energy companies and customers.Waters Wye Associates has been providing bespoke support to organisations operating in UK and European energy markets since 2002. With extensive expertise in commercial power, gas and gas storage; experience in due diligence work in a variety of markets; analytical skills and experience developing targeted solutions for the energy markets as well as understanding of regulation and policy, capacity market and more. For more information, head to their website.About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on the capacity market and government policy and regulations, check out our written research.

The energy landscape in Great Britain is undergoing constant transformation, driven by emerging technologies, new markets, and evolving regulations and policies. In this episode, we explore the challenges and opportunities within the sector, from navigating the Capacity Market to understanding the future role of battery storage and demand-side response in shaping the energy market today.Lisa Waters, Founding Director of Waters Wye Associates, joins Ed Porter to discuss how batteries can be leveraged for greater impact, the regulatory changes needed for better market integration, and the intricate process of implementing regulatory updates in the UK. Key topics covered include:The evolution of the UK’s electricity markets over the years.Regulatory inefficiencies and the need for more strategic leadership from regulators.The Capacity Market’s purpose and how energy storage fits within this framework.How energy storage could be better integrated into the market and its future role in the GB power system.An overview of the Balancing Settlement Code (BSC) and its role in energy settlements.About our guestLisa Waters is a founding Director of Waters Wye Associates (WWA). She is an economist with over twenty five years’ experience in the energy sector, working for a wide variety of energy companies and customers.Waters Wye Associates has been providing bespoke support to organisations operating in UK and European energy markets since 2002. With extensive expertise in commercial power, gas and gas storage; experience in due diligence work in a variety of markets; analytical skills and experience developing targeted solutions for the energy markets as well as understanding of regulation and policy, capacity market and more. For more information, head to their website.About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on the capacity market and government policy and regulations, check out our written research.

With the 2030 clean energy target approaching, swift action is required from both the industry and the new Labour government. To meet this goal, we need to accelerate generation capacity, streamline grid connection processes, and optimize the use of existing resources. What strategies can help us achieve this, and where should the government focus to ensure success?In this episode, Chief Executive at Energy UK - Emma Pinchbeck joins Quentin to explore the challenges around clean energy the new UK government is facing over their first months in power. Over the conversation, they discuss: The importance of understanding the broader impacts of new government policies.How Energy UK is navigating political shifts as the UK's leading energy trade association.Energy UK's 'Mission Possible' report, highlighting five urgent government recommendations.The critical role of upcoming Contracts for Difference (CfD) auction rounds in achieving net-zero goals.The need for strategic planning and resource allocation for grid expansion.Mentioned in the episode Material World: A Substantial Story of Our Past and Future - Ed ConwayResults of Contracts for Difference second allocation round. Strike prices of £57.50 and £74 were allocated for the three offshore wind farms in 2017 (Triton Knoll, Moray East and Hornsea 2). These results were around 50% less than in the previous allocation round. Young Energy Professionals network. Please take a few minutes to fill out the Future Energy Leaders survey.About our guestEnergy UK are the trade association for the UK energy industry, representing over 100 members including energy suppliers, generators, aggregators, flexibility optimisers, EV charging operators and software companies. They work with the sector, government, regulators and wider stakeholders to champion a sustainable UK energy industry. For more information - head over to their website. About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on grid connections, check out our written research.

Emma Pinchbeck, Chief Executive at Energy UK, discusses the urgent push for the UK's clean energy transition ahead of the 2030 target. She emphasizes the necessity for faster generation capacity and streamlined grid connections. The conversation dives into the role of the 'Mission Possible' report, outlining five crucial government recommendations. Pinchbeck also highlights the importance of Contracts for Difference auctions and strategic planning for infrastructure expansion. With the political landscape shifting, clear communication is vital for investor confidence in the clean energy sector.

With only around 200 GW of the potential 700 GW pipeline needed to meet Great Britain's electricity demand, many projects will never reach completion. Many of these projects will never be completed, and some ‘zombie’ projects that are stuck in the queue with no real chance of progressing take up valuable grid connection space.It's becoming clear that the current system, where projects are connected on a ‘first in, first connected’ basis, is creating major delays. As critical deadlines approach, there’s growing pressure to add more renewable energy and improve the grid connection process.In this episode, Ed Porter is joined by Ed Birkett, Director of New Projects at Low Carbon, UK Development. Over the conversation, they discuss:How changes in Contracts for Difference auctions could help reach net zero targets.Issues with long lead times for integral equipment needed for grid connections.The current state of the grid connection queue and what could be done to improve the system. Insight into the types of costs involved at each stage of the development process for solar. Why we need to find a balance between strategic planning and the market-based approach to connecting to the grid. About our guestLow Carbon’s mission is to create renewable power capacity for the world, at scale. Through building, developing and managing solar, wind and waste-to-energy projects, whilst limiting environmental impact. Low Carbon also has a dedicated Asset Management team that oversees a ~1GW portfolio of operating renewable energy assets. For more information on what they do, head to their website. About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on grid connections, check out our written research.

Ed Birkett, Director of New Project Development at Low Carbon, shares insights into the renewable energy landscape in Great Britain. He discusses the challenges posed by 'zombie' projects cluttering the grid connection queue and the urgent need for system reform. Birkett explores how changes in Contracts for Difference could bolster net-zero goals, while also addressing the long lead times for essential equipment. The conversation highlights the delicate balance between strategic planning and market-driven approaches to enhance solar project development.

The Electricity System Operator (ESO) has released its annual Future Energy Scenarios report for 2024, which outlines potential pathways to achieving net-zero carbon emissions by 2050. Storage plays a crucial element in the transition to a clean energy future. However, for batteries to successfully fulfil their role, significant system changes are necessary. From refining the grid connection process to optimizing how batteries are dispatched by the control room. The Future Energy Scenarios In this episode, ESO's Strategy and Policy Director Claire Dykta, returns to discuss:The ESO’s Future Energy Scenarios: Pathways to Net Zero framework and the key actions required to achieve it.The evolving role of energy storage and the future needs of the network.The proposed shift in connection policy from a "first come, first served" to a "first ready, first connected" system.Insights into the initial months of the Open Balancing Platform (OBP).The impact of the multi-dispatch tool and other recent changes that have increased the utilization of batteries in the balancing mechanism.Mentioned in the episodeExploring the Balancing Mechanism with Claire Dykta NG ESOData on dispatch rates - discussed in our article Battery energy storage revenues decrease by 26% in July 2024.About our guestESO is the Electricity System Operator for Great Britain, making sure that Great Britain has the essential energy it needs by ensuring supply meets demand every second of every day. They are responsible for moving high voltage electricity from where it’s generated, through the energy system. For more information about what ESO do, head to their website.About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on energy policy and market reform, check out our written research.

Claire Dykta, the Director of Strategy and Policy at the Electricity System Operator, shares crucial insights about the Future Energy Scenarios aimed at achieving net-zero emissions by 2050. She discusses the vital role of battery storage in the energy transition and proposes a shift in connection policy to optimize system efficiency. Dykta delves into advancements in the Open Balancing Platform and the impact of new dispatch tools, emphasizing the need for innovative technologies and strategic actions to meet future energy challenges.

In just one month, the new Labour government has taken significant positive steps toward improving the British energy system. However, to achieve the net-zero targets, much more needs to be done. The approach to implementing these changes is crucial for the system's success. Is radical market reform essential, or could it cause more harm than good? How will the migration of many public-to-private sector workers over the years impact progress, now that many mechanisms have been given the go-ahead? Regen recently published their ‘Accelerating Clean British Power’ report highlighting their calls to Labour for its first 100 days in government. In this episode, Merlin Hyman, Chief Executive at Regen, joins Ed Porter to discuss:Some of the key highlights of Regen’s ‘Accelerating Clean British Power’ Report.Labour's initiatives to date and the proposals outlined in their manifesto.Potential developments in market mechanisms as renewable energy generation continues to evolve.Regen’s stance on zonal vs national pricing - could radical reform scare off investment? Mentioned in the episodeRegens ‘Accelerating clean British power – our call to Labour for its first 100 days in government’.Regen's ‘Progressive market reform for a clean power system’More information on the Electricity Storage Network.About our guestRegen is an independent not-for-profit centre of energy expertise and market insight whose mission is to transform the world’s energy systems for a zero carbon future. Regen offers independent expert advice and market insight on all aspects of sustainable energy delivery to support a range of public and private sector organisations to make the most of their clean energy opportunities. For more information on what Regen do, check out their website.About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on energy policy and market reform, check out our written research.

In just one month, the new Labour government has taken significant positive steps toward improving the British energy system. However, to achieve the net-zero targets, much more needs to be done. The approach to implementing these changes is crucial for the system's success. Is radical market reform essential, or could it cause more harm than good? How will the migration of many public-to-private sector workers over the years impact progress, now that many mechanisms have been given the go-ahead? Regen recently published their ‘Accelerating Clean British Power’ report highlighting their calls to Labour for its first 100 days in government. In this episode, Merlin Hyman, Chief Executive at Regen, joins Ed Porter to discuss:Some of the key highlights of Regen’s ‘Accelerating Clean British Power’ Report.Labour's initiatives to date and the proposals outlined in their manifesto.Potential developments in market mechanisms as renewable energy generation continues to evolve.Regen’s stance on zonal vs national pricing - could radical reform scare off investment? Mentioned in the episodeRegens ‘Accelerating clean British power – our call to Labour for its first 100 days in government’.Regen's ‘Progressive market reform for a clean power system’More information on the Electricity Storage Network.About our guestRegen is an independent not-for-profit centre of energy expertise and market insight whose mission is to transform the world’s energy systems for a zero carbon future. Regen offers independent expert advice and market insight on all aspects of sustainable energy delivery to support a range of public and private sector organisations to make the most of their clean energy opportunities. For more information on what Regen do, check out their website.About Modo EnergyModo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on LinkedIn or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on energy policy and market reform, check out our written research.