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.
Battery energy storage system (BESS) integrator Powin will provide developer-operator Pulse Clean Energy with 50MW/110MWh of its Stack750 energy storage system for a UK project.
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.
A recent report from the Clean Energy Associates found that system-level defects accounted for nearly half of all defects found in battery energy storage systems (BESS), of which two issues related to increased risk of fire.
Battery energy storage system (BESS) project developer Lion Storage is planning a 364MW/1,457MWh project in the Netherlands for operation in two years’ time.
Brookfield-owned renewable energy developer and operator X-ELIO has partnered with another infrastructure investor to invest in German battery storage developer and system integrator Eco Stor.