British renewable energy investment company Thrive Renewables is offering Bristol Energy Co-operative up to 20% investment in its new 20MW/30MWh battery energy storage project, in a first for co-ownership.

The implementation of regulative security is all that is needed to bring in investment for long duration storage.

A number of core challenges remain for lenders in the energy storage market, not least the relative nascency of it.

Specialist international investment manager Amber Infrastructure Group has reached commercial close on the development of a 50MW/100MWh utility-scale battery energy storage project in Lancashire, a county in northern England.

The electricity system operator (ESO) arm of National Grid in the UK has outlined four different pathways for the future of energy in the country in its Future Energy Scenarios 2021 document, detailing the transformation of the energy mix and flexibility, the residential sector and the transport sector.

UK power generation company Drax has announced plans for a new underground pumped hydro storage power station, and will seek planning permission to expand its Cruachan site in Scotland to 1.04GW.

By the end of 2022, the volume of installed batteries in the UK is set to outstrip the demand from frequency services, marking a key tipping point for Dynamic Containment (DC).

Macquarie’s Green Investment Group (GIG) has acquired a portfolio of 187MWh of late-stage development battery storage projects in the UK.

UK-headquartered battery storage asset owner and operator Zenobe Energy is developing Scotland’s first transmission-connected battery storage project, it has announced.

With a project pipeline in excess of 14GW, a developing regulatory envelope and maturing revenue streams, the UK’s energy storage sector continues to be at the forefront globally. Molly Lempriere charts the market’s development to date and uncovers how it has responded to deployment barriers.