Battery energy storage systems in Great Britain are projected to save 1.4 million tonnes of CO2 in 2024. Carbon emission savings are achieved directly through a battery's energy actions, by importing low-carbon energy and exporting it when demand is high, whilst other methods include frequency response services and inertia management savings. However, a battery's ability to reduce emissions is not inherent. Typically, they are operated to maximize profit, which may not always align with carbon-s...
Nov 07, 2024•42 min•Ep 1•Transcript available on Metacast Battery energy storage systems in Great Britain are projected to save 1.4 million tonnes of CO2 in 2024. Carbon emission savings are achieved directly through a battery's energy actions, by importing low-carbon energy and exporting it when demand is high, whilst other methods include frequency response services and inertia management savings. However, a battery's ability to reduce emissions is not inherent. Typically, they are operated to maximize profit, which may not always align with carbon-s...
Nov 07, 2024•42 min•Ep 1•Transcript available on Metacast Understanding the factors driving cost reductions in battery cells is crucial for staying competitive. As demand for energy storage skyrockets, the pressure to reduce costs has never been higher. Material costs are not the only thing influencing prices, breakthroughs in cell chemistry, system efficiency and manufacturing practices all play a role in determining system prices. In this week’s episode, Head of Battery Costs at CRU - Aaron Wade joins Ed Porter to explore the latest in supply chain i...
Oct 31, 2024•43 min•Ep 1•Transcript available on Metacast Understanding the factors driving cost reductions in battery cells is crucial for staying competitive. As demand for energy storage skyrockets, the pressure to reduce costs has never been higher. Material costs are not the only thing influencing prices, breakthroughs in cell chemistry, system efficiency and manufacturing practices all play a role in determining system prices. In this week’s episode, Head of Battery Costs at CRU - Aaron Wade joins Ed Porter to explore the latest in supply chain i...
Oct 31, 2024•43 min•Ep 1•Transcript available on Metacast Battery revenues in ERCOT in June 2024 were 85% lower than June 2023, with average earnings of $45/kW (annualized), compared with when batteries earned a massive $309/kW/year in 2023. With the summer months historically providing the bulk of high revenue days for battery energy storage, operators would expect the sixth hottest summer on record to provide a similar picture, but that has not been the case in 2024. Increased competition in Ancillary Services, a boom in renewables buildout and chang...
Oct 24, 2024•18 min•Transcript available on Metacast Battery revenues in ERCOT in June 2024 were 85% lower than June 2023, with average earnings of $45/kW (annualized), compared with when batteries earned a massive $309/kW/year in 2023. With the summer months historically providing the bulk of high revenue days for battery energy storage, operators would expect the sixth hottest summer on record to provide a similar picture, but that has not been the case in 2024. Increased competition in Ancillary Services, a boom in renewables buildout and chang...
Oct 24, 2024•19 min•Ep 1•Transcript available on Metacast With an impressive amount of renewables buildout in the pipeline, the Dutch energy market has ambitious plans for a clean energy future. However, the country is facing significant challenges with huge amounts of grid congestion and high grid fees. A lack of subsidies for standalone storage projects means that the investment case for storage currently leans more toward the colocation of projects with generation. What does the power system and the outlook for battery energy storage look like in Th...
Oct 17, 2024•44 min•Ep 1•Transcript available on Metacast With an impressive amount of renewables buildout in the pipeline, the Dutch energy market has ambitious plans for a clean energy future. However, the country is facing significant challenges with huge amounts of grid congestion and high grid fees. A lack of subsidies for standalone storage projects means that the investment case for storage currently leans more toward the colocation of projects with generation. What does the power system and the outlook for battery energy storage look like in Th...
Oct 17, 2024•44 min•Ep 1•Transcript available on Metacast As residential energy storage systems become more widespread, an exciting opportunity is emerging for homeowners: participating in energy markets and helping to stabilize the grid. But how can smaller home batteries combine forces to contribute during times of high demand? The answer lies in virtual power plants (VPPs). These interconnected networks of residential storage systems work together to provide energy back to the grid when needed. Not only do VPPs support grid stability, but they also ...
Oct 10, 2024•46 min•Ep 1•Transcript available on Metacast As residential energy storage systems become more widespread, an exciting opportunity is emerging for homeowners: participating in energy markets and helping to stabilize the grid. But how can smaller home batteries combine forces to contribute during times of high demand? The answer lies in virtual power plants (VPPs). These interconnected networks of residential storage systems work together to provide energy back to the grid when needed. Not only do VPPs support grid stability, but they also ...
Oct 10, 2024•46 min•Ep 1•Transcript available on Metacast Germany holds a unique position within the European energy system—serving as a central hub for regional interconnections, boasting a vast behind-the-meter residential storage network, 1.4GW of installed utility-scale storage and much more in the pipeline. With ambitious net zero targets, Germany is paving the way for a cleaner future. But how does its energy market function, and what role does grid-scale storage play? In this week's episode, Lars Stephan, Senior Manager of Policy and Market Deve...
Oct 03, 2024•59 min•Ep 1•Transcript available on Metacast Germany holds a unique position within the European energy system—serving as a central hub for regional interconnections, boasting a vast behind-the-meter residential storage network, 1.4GW of installed utility-scale storage and much more in the pipeline. With ambitious net zero targets, Germany is paving the way for a cleaner future. But how does its energy market function, and what role does grid-scale storage play? In this week's episode, Lars Stephan, Senior Manager of Policy and Market Deve...
Oct 03, 2024•59 min•Ep 1•Transcript available on Metacast Could zonal pricing be the solution to reducing energy costs while enhancing grid resilience through a decentralized system? Although the second REMA consultation dismissed nodal pricing in the wholesale market, zonal pricing is still being considered as an option for the UK. As the electricity system transitions toward a more decentralized model, what changes are necessary to support the integration of millions of new assets, and how can the system evolve to ensure this transition is successful...
Sep 26, 2024•38 min•Ep 1•Transcript available on Metacast Could zonal pricing be the solution to reducing energy costs while enhancing grid resilience through a decentralized system? Although the second REMA consultation dismissed nodal pricing in the wholesale market, zonal pricing is still being considered as an option for the UK. As the electricity system transitions toward a more decentralized model, what changes are necessary to support the integration of millions of new assets, and how can the system evolve to ensure this transition is successful...
Sep 26, 2024•38 min•Ep 1•Transcript available on Metacast As the energy industry evolves, the skills required and the approaches to overcoming emerging challenges must adapt as well. With the sector exploring new frontiers, the opportunity to become a leader in the field has never been more accessible. Success requires a diverse set of skills, many of which can be transferred from different roles or industries. Achieving net-zero will require more than just traditional industry experience. So, what specific skills are companies seeking as they navigate...
Sep 19, 2024•34 min•Ep 1•Transcript available on Metacast As the energy industry evolves, the skills required and the approaches to overcoming emerging challenges must adapt as well. With the sector exploring new frontiers, the opportunity to become a leader in the field has never been more accessible. Success requires a diverse set of skills, many of which can be transferred from different roles or industries. Achieving net-zero will require more than just traditional industry experience. So, what specific skills are companies seeking as they navigate...
Sep 19, 2024•34 min•Ep 1•Transcript available on Metacast From a once nearly worthless by-product to a critical energy resource, natural gas forms a vital pillar in global energy production. With advancements in storing and transporting gas as liquified natural gas (LNG), its potential continues to expand. However, this fossil fuel's role in the energy landscape remains necessary. The relationship between power and gas prices is tightly interlinked, with gas often setting the marginal price in wholesale markets. But what factors contribute to the volat...
Sep 12, 2024•54 min•Ep 1•Transcript available on Metacast From a once nearly worthless by-product to a critical energy resource, natural gas forms a vital pillar in global energy production. With advancements in storing and transporting gas as liquified natural gas (LNG), its potential continues to expand. However, this fossil fuel's role in the energy landscape remains necessary. The relationship between power and gas prices is tightly interlinked, with gas often setting the marginal price in wholesale markets. But what factors contribute to the volat...
Sep 12, 2024•54 min•Ep 1•Transcript available on Metacast The energy landscape in Great Britain is undergoing constant transformation, driven by emerging technologies, new markets, and evolving regulations and policies. In this episode, we explore the challenges and opportunities within the sector, from navigating the Capacity Market to understanding the future role of battery storage and demand-side response in shaping the energy market today. Lisa Waters, Founding Director of Waters Wye Associates, joins Ed Porter to discuss how batteries can be leve...
Sep 05, 2024•57 min•Ep 1•Transcript available on Metacast The energy landscape in Great Britain is undergoing constant transformation, driven by emerging technologies, new markets, and evolving regulations and policies. In this episode, we explore the challenges and opportunities within the sector, from navigating the Capacity Market to understanding the future role of battery storage and demand-side response in shaping the energy market today. Lisa Waters, Founding Director of Waters Wye Associates, joins Ed Porter to discuss how batteries can be leve...
Sep 05, 2024•57 min•Ep 1•Transcript available on Metacast With the 2030 clean energy target approaching, swift action is required from both the industry and the new Labour government. To meet this goal, we need to accelerate generation capacity, streamline grid connection processes, and optimize the use of existing resources. What strategies can help us achieve this, and where should the government focus to ensure success? In this episode, Chief Executive at Energy UK - Emma Pinchbeck joins Quentin to explore the challenges around clean energy the new ...
Aug 29, 2024•53 min•Ep 1•Transcript available on Metacast With the 2030 clean energy target approaching, swift action is required from both the industry and the new Labour government. To meet this goal, we need to accelerate generation capacity, streamline grid connection processes, and optimize the use of existing resources. What strategies can help us achieve this, and where should the government focus to ensure success? In this episode, Chief Executive at Energy UK - Emma Pinchbeck joins Quentin to explore the challenges around clean energy the new ...
Aug 29, 2024•53 min•Ep 1•Transcript available on Metacast With only around 200 GW of the potential 700 GW pipeline needed to meet Great Britain's electricity demand, many projects will never reach completion. Many of these projects will never be completed, and some ‘zombie’ projects that are stuck in the queue with no real chance of progressing take up valuable grid connection space. It's becoming clear that the current system, where projects are connected on a ‘first in, first connected’ basis, is creating major delays. As critical deadlines approach,...
Aug 22, 2024•46 min•Ep 1•Transcript available on Metacast With only around 200 GW of the potential 700 GW pipeline needed to meet Great Britain's electricity demand, many projects will never reach completion. Many of these projects will never be completed, and some ‘zombie’ projects that are stuck in the queue with no real chance of progressing take up valuable grid connection space. It's becoming clear that the current system, where projects are connected on a ‘first in, first connected’ basis, is creating major delays. As critical deadlines approach,...
Aug 22, 2024•46 min•Ep 1•Transcript available on Metacast 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. The Future Energy Scenarios In th...
Aug 15, 2024•54 min•Ep 1•Transcript available on Metacast 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. The Future Energy Scenarios In th...
Aug 15, 2024•54 min•Transcript available on Metacast In just one month, the new Labour government has taken significant positive steps toward improving the British energy system. However, to achieve the net-zero targets, much more needs to be done. The approach to implementing these changes is crucial for the system's success. Is radical market reform essential, or could it cause more harm than good? How will the migration of many public-to-private sector workers over the years impact progress, now that many mechanisms have been given the go-ahead...
Aug 08, 2024•47 min•Ep 1•Transcript available on Metacast In just one month, the new Labour government has taken significant positive steps toward improving the British energy system. However, to achieve the net-zero targets, much more needs to be done. The approach to implementing these changes is crucial for the system's success. Is radical market reform essential, or could it cause more harm than good? How will the migration of many public-to-private sector workers over the years impact progress, now that many mechanisms have been given the go-ahead...
Aug 08, 2024•47 min•Ep 1•Transcript available on Metacast Energy market design across the US varies from one Regional Transmission Operators (RTOs) or Independent System Operators (ISOs) to another. With each organization encompassing a distinct generation mix, the market design differs to optimize outcomes with their respective infrastructure and tools on hand. With the increase of storage and renewables growing, what changes in market design are we seeing and what policy shifts are in motion to support this going forward? In today’s episode, Quentin ...
Aug 01, 2024•32 min•Ep 1•Transcript available on Metacast Energy market design across the US varies from one Regional Transmission Operators (RTOs) or Independent System Operators (ISOs) to another. With each organization encompassing a distinct generation mix, the market design differs to optimize outcomes with their respective infrastructure and tools on hand. With the increase of storage and renewables growing, what changes in market design are we seeing and what policy shifts are in motion to support this going forward? In today’s episode, Quentin ...
Aug 01, 2024•32 min•Ep 1•Transcript available on Metacast 
