Last month’s launch of the EU China Energy Cooperation Platform (ECECP) should serve as great encouragement for EU energy firms looking to participate in the developing Chinese energy system. Up until now it’s been possible but challenging as firms have not been competing on a level-playing field. But that is set to change as a whole raft of factors mean the time is ripe for meaningful cooperation between the world’s two leading energy … [Read more...]
Virtual power plants: a story of market rules and smartgrids
Access to the grid-balancing market is competitive and carefully regulated. Green electricity from distributed and behind-the-meter renewable assets is already being traded on wholesale and balancing markets. The assets come in all shapes and sizes: roof-top solar, farmyard biofuel installations, EV and home battery systems, community energy projects, wind installations and heat pumps to name but a few. When they are pooled, by aggregators, they … [Read more...]
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