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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 5 sources · 1 days · First seen · Last updated
UK grid connection queue regulatory interventions
Overview
The United Kingdom’s energy regulator, Ofgem, is exploring interventions to manage significant strain on the electrical grid caused by an oversupply of connection requests. Initially, discussions focused on introducing commitment fees for data centers to prevent speculative projects from occupying scarce network capacity, noting that 315 data centers were awaiting connections.
This regulatory approach has expanded to include battery energy storage systems (BESS). Ofgem is consulting on an ‘Oversubscribed Technologies Commitment Fee’ (OTCF), which would require operators to provide financial security to maintain their position in the grid connection queue. Estimates suggest that if all current projects with connection offers were completed, capacity would exceed the 2030 clean power target by 14.8 GW.
Entities
Ofgem · Belize · Great Britain · Inter-American Development Bank · NESO
Timeline
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3 days ago
[BUSINESS] 2 sourcesEnergy storage initiatives advance in Great Britain and BelizeOfgem is proposing new fees for battery storage projects in Great Britain to manage grid queues, while the IDB approves $23.75 million for solar and battery electrification in Belize.
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3 days ago
[TECHNOLOGY] 3 sourcesUK regulator considers commitment fees for data centers to manage grid strainOfgem is considering new commitment fees for UK data centers to manage high electricity demand and reduce speculative projects occupying scarce grid capacity.
Sources
carbon-pulse.com · cybernoz.com · pv-magazine-india.com · pv-magazine.com · royalexaminer.com