Intelligent Networks/Infrastructure Opportunities
Please click here Inteligent Networks and Infrastructure Opportunities for a summary of the UK challenges, solutions and opportunities in relation to balancing supply and demand of electricity.
This short video explains the problem the National Grid has to contend with when there is imbalance between supply and demand for electricity. This is more of a problem as there is an increacing reliance on wind power, which by nature is difficult to predict.
Strategic Energy is involved in the National Grid's Short Term Operating Reserve. The scheme brings new revenue and increased asset reliability to UK businesses, while reducing carbon emissions and risk in the national electricity system.
The scheme provides balancing services to National Grid, which has the overall responsibility for the security of the national electricity supply. Aggregation of groups of organisations that have either stand by generators or the ability to turn down consumption on demand, contract with National Grid to provide pre-emergency generation. Aggregators start generators and/or turn down electricity consumption on behalf of National Grid during occasional, short duration periods of stress in the national electricity system. Electricity users and generator owners earn revenue by making their equipment available to National Grid through the scheme, and earn additional revenue on a relatively small number of occasions each year, 60 to 70 hours per annum when the equipment is used to help National Grid stabilise the electricity supply by contributing to the ‘balancing mechanism.’ This turns assets which had previously been cost items into revenue generators.