PowerCast is your go-to podcast for everything energy – from the fast-moving world of wholesale markets to the intricacies of PPAs and the evolving landscape of battery optimisation. Whether you're an industry professional, energy enthusiast, or just curious about how power gets bought, sold, and stored, we break down the complexities and bring you insights from the frontlines of the energy transition. Tune in as we explore the trends, challenges, and innovations shaping the future of power.
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PowerCast is your go-to podcast for everything energy – from the fast-moving world of wholesale markets to the intricacies of PPAs and the evolving landscape of battery optimisation. Whether you're an industry professional, energy enthusiast, or just curious about how power gets bought, sold, and stored, we break down the complexities and bring you insights from the frontlines of the energy transition. Tune in as we explore the trends, challenges, and innovations shaping the future of power.
June Market Moves: Batteries, Renewables and Balancing Acts
PowerCast by EDF
21 minutes
4 months ago
June Market Moves: Batteries, Renewables and Balancing Acts
<p>In this episode of the PowerCast EDF Wholesale Market Services podcast, David Edmonds, Head of Pricing & Valuations is joined by EDF analysts Curtis Higgins and Bhanu Duggal delve into the UK energy market dynamics for June. </p><p>A sharp rise in renewable generation, particularly wind and solar, led to increased volatility in wholesale prices, creating expanded market spreads and strong revenue opportunities for battery storage operators. </p><p>The month also saw record levels of bid activity in the Balancing Mechanism (BM), largely driven by transmission constraints at the B6 boundary in Scotland. Longer-duration battery assets outperformed due to their ability to capitalise on both wholesale price fluctuations and ancillary services.</p><p>As heat risks persist into July, the outlook remains positive for battery revenues, especially with potential for further price spikes.</p>
PowerCast by EDF
PowerCast is your go-to podcast for everything energy – from the fast-moving world of wholesale markets to the intricacies of PPAs and the evolving landscape of battery optimisation. Whether you're an industry professional, energy enthusiast, or just curious about how power gets bought, sold, and stored, we break down the complexities and bring you insights from the frontlines of the energy transition. Tune in as we explore the trends, challenges, and innovations shaping the future of power.
