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.
<p>P462 explained. David from EDF Wholesale Market Services is joined by market specialists Selina Paxton and Joshua Raw to unpack Balancing and Settlement Code modification P462 (“Removal of subsidies from bid prices in the Balancing Mechanism”). We cover what P462 changes, why it matters, and how it could affect cash-out, wholesale prices, and revenues for batteries, BTM assets, and consumers.</p><p>What you’ll learn:</p><ul><li><p>How subsidy-driven bid prices distort BM actions and cash-out, and what P462 seeks to fix</p></li><li><p>Expected impacts on negative pricing, spreads, and prompt vs curve</p></li><li><p>Implications for battery optimisation, ancillary services, and consumer costs</p></li><li><p>Potential unintended consequences and alternatives under discussion</p></li><li><p>Key dates: ESO cost–benefit analysis due October; Workgroup report to Ofgem targeted for Q2 next year; consultation likely December.</p></li></ul><p></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.
