On Thursday Tesla became the first user to go live using its automated real-time trading and control platform Autobidder to manage first-time Balancing Mechanism BM access for the 7.5 MW / 15 MWh Holes Bay battery storage plant in Dorset nationalgrideso.com/news/new-it-in…
The project was commissioned by Fotowatio Renewable Ventures FRV and Harmony Energy
BALANCING THE GRID
Smaller providers can more easily access Great Britain’s Balancing Mechanism BM market from this week following the successful roll-out of a new IT interface
The National Grid Electricity System Operator ESO’s new wider access Application Programming Interface API went live in its national control room yesterday, opening up the market for non-traditional participants to join through a more simple, cost-effective, web-based route
The API introduces a new way for providers to connect and communicate in real-time with the ESO’s systems and the BM
- as an alternative to the fixed line connections that providers have traditionally used for Electronic Data Transfer EDT and Electronic Dispatch Logging EDL
It marks an innovative way of enabling new technologies to complement the ESO’s established core network
This will open the market to a wider range of providers and technologies, bring better value for consumers, and take us a step closer to being able to operate a ZERO CARBON GRID by 2025
Market participants can develop their own API solutions to interface with the ESO’s new API, with the ESO providing a secure development and testing environment and certification on completion
The API roll-out marks the latest development in the ESO’s plans to remove barriers to access for a wide range of providers and to boost the real-time flexibility of the system
Last year the ESO and ELEXON lowered the minimum threshold for taking part in the BM from 100 MW to 1 MW, to enable entry for smaller and aggregated units in regional networks
And in April 2020 Flexitricity became the first provider to take advantage of wider access changes to register in the BM as a Virtual Lead Party VLP – a new type of market participant exempt from needing a supply licence or paying use of system charges BSUoS and TNUoS
Roisin Quinn, head of national control and chief engineer at National Grid ESO :
“As we shift away from fossil fuel generation to cleaner, decentralised power, new opportunities are emerging to diversify our energy mix and make our electricity system smarter and more flexible”
“Our wider access initiative is helping to drive that change. We’re pleased to see our latest developments go live this week, with Tesla using our new API to enable a new provider to access the balancing mechanism for the first time”
“The API will open the market to a wider range of providers and technologies, increase competition for balancing services and bring better value for consumers – and it will take us a step closer to being able to operate the grid with zero carbon by 2025”
Peter Kavanagh, CEO of Harmony Energy, said :
“We are delighted to be working with FRV and Tesla and to be the first project to come into the GB balancing mechanism using National Grid ESO’s new wider access API”
“The API creates a new opportunity to lower costs and barriers to market participation and we are excited about the role this can play in unlocking the full power of battery storage and renewable energy in achieving a decarbonized society”
Felipe Hernández, managing director engineering and asset management of FRV, said :
“Opening of the BM to new participants through the new API is an exciting moment for renewable and zero carbon flexibility technologies”
“With the increasing market demand for flexibility services, continued progress on National Grid ESO reforms and technological improvements are the best way to allow the participation of new technologies in the BM and other flexibility services”
“The participation of FRV on this project with Harmony and Tesla as partners is another successful achievement resulting from FRV's commitment with its stakeholders and its continuous search for innovation”
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3. Visualizing a Successful Outcome, they would have held a Competitive Duopoly with all the Advantages which that can be expected to bring
This combination of factors is leading to a broad-based failure of the Japanese Automobile Industry
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What can we learn from this ?
Now consider an alternative scenario where the Japanese Government had instead been inspired to get out ahead of BEV Supply Chain issues during the last two decades, and successfully solve for all of raw material and technology needs of BEVs
According to Colorado Public Radio, the state is considering a "Vehicle Exchange Colorado” program to give participants an instant $6,000 point of sale rebate on a new electric or plug-in hybrid vehicle cleantechnica.com/2023/05/31/col…
Or a $4,000 rebate for a used electric or plug-in hybrid vehicle
"It’s a really exciting new program,” said Carrie Atiyeh, senior program manager at the Colorado Energy Office
"This is something that is going to be new for the state"
To qualify, drivers would need to trade in a conventional car with an internal combustion engine that burns either gasoline or diesel
The vehicle needs to be a model year 2011 or older, or have failed a state vehicle emissions test
How can Apple AAPL shareholders expect to maintain the High P/E of a Growth company in a world where the Company's business has clearly become mature ?
Here is Apple's Press Release on their latest Quarterly Results
"The Company posted quarterly revenue of $94.8 billion, down -3% year over year, and quarterly earnings per diluted share of $1.52, unchanged year over year"
“We generated strong operating cash flow of $28.6 billion while returning over $23 billion… twitter.com/i/web/status/1…
“Given our confidence in Apple’s future and the value we see in our stock, our Board has authorized an additional $90 billion for share repurchases"
"We are also raising our quarterly dividend for the eleventh year in a row"
PepsiCo will enter at least one of its Tesla Semis in the Run On Less trucking industry event running for three weeks starting September 11, the company confirmed on Wednesday insideevs.com/news/665498/fi…
The event showcases advances in freight efficiency, and will provide the first independent performance data for Tesla's all-electric Class 8 semi-truck, according to Automotive News
"We're really excited to participate in the run and allow the industry to have access to the insights and the learnings that we are getting from experiencing these vehicles"