![]() Now with the Local Constraint Market we can work with National Grid ESO to give local businesses, consumers, and industry the opportunity to absorb that power that would otherwise be wasted, while reducing costs in the process.” Currently it must be done because there is simply no mechanism to divert that power. James Johnston, CEO at Piclo said, “We cannot address the energy crisis or reach net zero if we continue turning off wind power at a time when power prices are soaring. ![]() In addition, it will support more local, low cost, energy to be used as prices soar as a result of the war in Ukraine, the recent cold weather and the closure of Nord Stream 1. The new market will bring operating costs down for critical transmission grid balancing and redirect money back to customers at a time of high energy prices. The new initiative will allow Scottish homes and businesses to benefit by helping to manage peak wind energy flows and participate in creating a local marketplace that diverts extra wind power into local assets at times when southward flows are at capacity – benefiting everyone from those who are charging EVs, businesses with battery storage and even iconic Scottish pumped hydro stations that have pioneered renewables in the region for decades. After a competitive tender process, Piclo has been selected by National Grid to run a Local Constraint Market (LCM) in a move to clamp down on one of the fastest rising constraints costs of operating the power grid in the UK.
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