Vehicle-to-grid (V2G) is considered a step beyond smart charging, unlocking system benefits for a range of market participants.
Our Pixie Chart of the Week explores a recent study by Element Energy, Vehicle to Grid Britain, and assesses the opportunities for V2G in a changing GB energy system for residential customers
Tom Lusher
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Energy storage and flexibility
In this week’s ‘Chart of the Week’, we will outline some of the key highlights from our latest report, to provide you with a flavour of the latest long-term trends for response and reserve.
Energy storage and flexibility
In this week’s ‘Chart of the Week’, we explore the drivers behind the record high prices seen in the Dynamic Containment Low service in June, which saw individual assets accrue gross revenues of over £1mn, and consider the outlook for future service prices.
Low carbon generation
Balancing Service Use of System (BSUoS) charges have continued to be the dominant driver of Third-Party Charge increases in recent months, with costs remaining elevated since last autumn. In this 'Chart of the week', we present a view of past monthly BSUoS charges and expectations for future costs on a...
Low carbon generation
Electric Vehicles (EVs) are quickly plugging into electricity distribution systems (EDS) around the world. Their take up introduces new challenges due to their random and high energy consumption. One of the important challenges associated with integrating EVs into EDS is voltage imbalance due to EV uptake in residential areas. This...
E-mobility and low carbon
The last few weeks have seen several policy documents and consultation responses from the government published in the electric vehicle (EV) world, against the back-drop of record-breaking EV sales. In this 'Chart of the week', we explore the latest consultation conclusion from the Department for Transport (DfT), outlining proposals on...
Energy storage and flexibility
In July 2021, final rules were published to introduce two new market ancillary services – a very fast raise and very fast lower service. These markets would provide an FCAS contingency response faster than the existing 6-second market. The Fast Frequency Response (FFR) markets are set to commence on 9...
E-mobility and low carbon
Energy retail has been dominated by high wholesale prices across the last year. 2022 so far has seen wholesale energy prices continue their upward momentum, with average day-ahead power prices in January 2022 125% higher than January 2021. In this Chart of the Week, we look at the impact of...
Business supply and services
High underlying commodity and carbon costs haven’t only impacted costs in the wholesale market. From April 2021 to the end of October 2021, balancing costs on the electricity transmission system have totalled £1.29bn. This represents a £301.88mn (30.6%) increase in costs over the same period in 2020, where total costs...
