DSR aggregator Endeco changes its name to Gridbeyond

Energy services company Endeco Technologies is changing its name to Gridbeyond. “Our business has fundamentally transformed over the last few years, growing from start-up to scale-up,” commented Michael Phelan, the firm’s chief executive. “Since April 2016, our team has more than doubled in size, the…

T-1 Capacity Market auction clears at £6

The first T-1 Capacity Market auction, for delivery next winter, cleared in the 14th round of bidding at £6/kW per year. Some 10663.717MW of de-rated capacity joined the auction at its start and the aggregate capacity that won agreements was 5,782.892MW.…