Power Moves
Summary
Meanwhile, new energy network assets “out of the box” are completely sensitised and connected to modern trading data processing engines. The target of NetZero emissions is driving renewables into the energy supply infrastructure at pace, creating new challenges in the balancing and operating of the grid. Tesla became the first user to go live with National Grid ESO’s new application programming interface (API), using its automated real-time trading and control platform, Autobidder, to manage first-time balancing mechanism (BM) access for the battery storage plant. With recent announcements from the automotive sector of new EVs hitting price points approaching £20,000 by 2023, the scale-up of Virtual Power Plants (VPP) across large numbers of small vehicle hosted batteries is almost upon us. A very small number (one) of automotive companies has developed automated VPP trading platforms to cover all aspects of G2V and V2G services.