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Case Study
In this study we examine the impact of integrating a fleet of Enoda PRIME® Exchangers (“Prime Exchangers”) coordinated by Enoda ENSEMBLE™ into the Texas grid through the Business As Usual (“BAU”) case.
BAU operation of around 25,000 400kVA Prime Exchangers can allow for reduction of up to 3,855.8 tonnes of CO2 in the Regulation-Up market (“RegUp”) on June 21st, 2023. This fleet of 25,000 devices would have been sufficient on this day to completely saturate the regulation up market.
Such a fleet would have reduced carbon emissions of just one of the frequency and ancillary services, RegUp, by 54%, and would also enable Texans to benefit from Enoda’s ability to provide these services at lowest marginal cost.
Unravelling the UK's Failed Offshore Wind Auction
Given that wind energy is pivotal to the UK's ambitious net-zero targets, what led to no interest in the offshore wind contracts in a recent auction?
The Future of Distributed Flexibility
This year, Ofgem released a Call for Input (CfI) on the Future of Distributed Flexibility. Ofgem begins by introducing some of the issues which are resulting in a lower uptake of distributed flexibility on the electricity system than there ought to be.
Platform Series - Multi-sided markets: theoretical foundations
The description of multi-sided markets has fundamentally changed the way that economists think about the boundaries of the firm. It also has dramatic implications for how entrepreneurs approach the problem of maximising firm value, as they now have to consider other product-market participants.
EU Market Design: setting the direction for Europe's electricity decarbonisation
Since the energy price spikes and volatility in electricity markets last year, precipitated by rising wholesale gas prices, the EU Commission has looked to a reform of market design as a systematic answer to the impact of these prices on Europeans.
How can Europe capitalise on the smart technology on the grid to guarantee decarbonisation?
Last month was European Sustainability Week, which focussed on the theme ‘Going Green and Digital for Europe’s Energy Transition’. With the continuation of the conflict in Ukraine threatening the continent’s energy supply, and a commitment to decarbonisation by 2050, Europe is devoting significant attention to ensuring energy security. Despite the immediate nature of this winter’s gas crisis, however, the theme of the week demonstrated that Europe sees an opportunity to accelerate the long-term transition to clean, reliable, affordable energy.
What happened to the UK’s electricity balancing markets during Covid restrictions?
A legacy grid design, to be simultaneously reliable, affordable, and sustainable, requires solutions from first principles innovation to be fit for purpose in a Net Zero future. The total value of the Balancing Markets more than doubled during the 2019-2021 period