A decision by UK gas and electricity markets regulator Ofgem’s to classify energy storage as a subset of generation must be a “stopgap measure” until parliamentary time is found.
The greatest value aggregrators putting batteries and other assets in the UK’s electricity markets offer to their customers today is in providing access to the Balancing Mechanism (BM), through which the electricity system operator National Grid ESO matches supply and demand in real-time.
New work from consultancy Atkins shows that alongside a huge step up in solar and wind deployments, the UK needs to install a significant amount of energy storage to achieve its ‘net zero by 2050’ target.
The UK’s first DC-coupled battery energy storage system is under development in a collaboration between GE Renewable Energy and engineering company Wykes.
Anesco, the developer of a subsidy-free solar farm in England which has onsite battery energy storage, has sold the plant on to hybrid solar solutions company GRIDSERVE.
UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
EDF is set to optimise 49.9MW of battery storage owned by UK developer Pivot Power in a bid to enable “greater flexible electricity capacity for the grid”.
V2G can significantly reduce energy system greenhouse gas emissions, as well as ensure resilience in the event of power outages and prolong the battery life of an EV, according to a review of nine projects across Europe.
