ENODA’s response in full to the review of Electricity Market Arrangements consultation. We have largely focussed on areas we believe need to be amended in order to take full advantage of new, effective technologies like Enoda’s Prime. For this reason, we have focussed on those sections which look at balancing and ancillary services markets and given no opinion on questions of investment in or acceleration of low-carbon generation.

A legacy grid design, to be simultaneously reliable, affordable, and sustainable, requires solutions from first principles innovation to be fit for purpose in a Net Zero future. The total value of the Balancing Markets more than doubled during the 2019-2021 period

As renewable energy targets are brought forward to lessen dependence on Putin’s pipelines, consideration must also be made for holes in our domestic energy security, and how we can design a system that maintains stability and energy security while still delivering energy that is affordable and green. Increasingly batteries are being used not only for EVs, but to stabilise the grid itself.

Across the world, the public have been promised that they will be able to benefit from the falling price of renewable energy, but they have been misled. Regulators and politicians acted with the best possible motives as they sought to provide cheap and green energy, but many people failed to understand the true underlying dynamics of a system dominated by renewable energy. In moving from a system where supply could easily adjust to follow demand to one where supply would be driven by the weather, policymakers appear not to have properly accounted for the value of the stability services provided by thermal generation, nor the cost of provisioning stability for a system based on renewables.