Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.
Battery storage systems are “perhaps the most complex energy asset to optimise” from a market perspective, but the UK industry is handling those challenges.
The European Union’s Battery Passport, which will make all of the components of devices placed into the market traceable, will be a useful tool for investors in energy storage, Energy-Storage.news has heard.
The way we think about battery storage tech is evolving as quickly as the industry is, writes Dr. Matthias Simolka, product manager at battery data analytics provider TWAICE.
The first energy storage asset built using Wärtsilä’s new Quantum High Energy battery energy storage system (BESS) solution will be a 300MW/600MWh project in Scotland, UK.
San Diego Gas & Electric (SDG&E), one of California’s main investor-owned utilities (IOUs), has brought online a portfolio of four ‘advanced’ microgrids equipped with 180MWh of battery storage.