Anyone making observations into last week’s market would likely have found themselves stuck on repeat talking about the impact of wind.
The Limejump Quarterly Report Q4 2019 – Significant Code Review, changing fundamentals and the General Election
Welcome to our latest quarterly market report. Within this report, we focus on several key market developments and influences: we look at some of the key events at the end of 2019, as well as ancillary markets, fundamentals and we take a peek at what we have seen so far this year.
After a turbulent weekend with Storm Ciara (8/9 February), last week kicked off with short power system for most of the day, with exceptionally high demand prompting National Grid to update its forecasts by around 1GW within day.
Shell Energy Europe Limited (SEEL) has agreed a multi-year power offtake deal that enables the installation of Europe’s biggest battery.
The Week in Flexibility: Storm Ciara brings asset trips, turbine halts and a close call with a frequency drop
As the clean-up operation for Storm Ciara gets underway, there were a number of notable grid operation and flexibility points over the course of the storm.
The Week in Flexibility: Strong demand and nuclear outage pressure the system – and conditions create a bumper week for Limejump customers
Last week kicked off with a Monday dominated by strong demand. The system was already strained with a short in-day outage on the Heysham 27 nuclear power plant and some struggling CCGTs.