The Electricity System Operator (ESO) has released its annual Future Energy Scenarios report for 2024, which outlines potential pathways to achieving net-zero carbon emissions by 2050. Storage plays a crucial element in the transition to a clean energy future.
However, for batteries to successfully fulfil their role, significant system changes are necessary. From refining the grid connection process to optimizing how batteries are dispatched by the control room. There are lots of updates already underway and more yet to happen allow batteries to fulfil their role in the pathways set out in future energy scenarios.
In this episode, ESO's Strategy and Policy Director, Claire Dykta, returns to discuss:
- The ESO’s Future Energy Scenarios: Pathways to Net Zero framework and the key actions required to achieve it.
- The evolving role of energy storage and the future needs of the network.
- The proposed shift in connection policy from a "first come, first served" to a "first ready, first connected" system.
- Insights into the initial months of the Open Balancing Platform (OBP).
- The impact of the multi-dispatch tool and other recent changes that have increased the utilization of batteries in the balancing mechanism.
Mentioned in the episode
- Exploring the Balancing Mechanism with Claire Dykta NG ESO
- Data on dispatch rates - discussed in our Battery energy storage revenues decrease by 26% in July 2024.
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About our guest
ESO is the Electricity System Operator for Great Britain, making sure that Great Britain has the essential energy it needs by ensuring supply meets demand every second of every day. They are responsible for moving high voltage electricity from where it’s generated, through the energy system. For more information about what ESO do, head to their website.
About Modo Energy
Modo Energy provides forecasts, benchmarking, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information Future Energy Scenarios, check out our written research.