Research
Research
Nodal pricing is a way of determining the price of electricity that varies locationally. But what would it mean for battery energy storage systems? In this piece, we examine how nodal pricing might impact frequency response services, wholesale trading, battery optimisation, and the investment case for co-location of solar and storage.18 May 2022
Research
The Energy Systems Catapult has recently published a report recommending that GB power markets move to nodal pricing. Policy Exchange is similarly advocating locational pricing, and National Grid ESO has also shared similar opinions. So what do we mean by 'nodal pricing'? Could it incentivise intelligent dispatch and system design? And what are the pros and cons?05 Apr 2022
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