Since its IPO in November 2018, Gresham House Energy Storage Fund, a utility-scale battery storage investment fund listed on the London Stock Exchange has seen its total share price return of 27.3% significantly outperform the 7.9% returns across the FTSE All Share weighted index.
Italy’s transmission system operator Terna has awarded five-year contracts for battery energy storage systems (BESS) to provide Fast Reserve grid services in an oversubscribed pilot auction.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
Solar Media is proud to have been asked by technology provider NEC to publish a guide in the form of a case study, going in-depth on the 10MW Cleator and 40MW Glassenbury projects the company’s Energy Solutions division worked on for customer VLC Energy.
Enel has completed its first grid-scale stand-alone battery, becoming the latest developer in the UK to complete a project backed by an Enhanced Frequency Response (EFR) contract from the transmission system operator.
Vattenfall has brought online its 22MW battery project co-located with the Pen y Cymoedd onshore wind farm in Wales, becoming the latest company to start delivering sub-second frequency response to National Grid in the UK.
VLC Energy has become the latest firm to finish its Enhanced Frequency Response (EFR) battery projects following the completion of two projects totalling 50MW.
Battery storage technology costs will have to fall by a further 30% before projects in the UK are feasible without lucrative frequency response revenues, a leading investor has said.
German renewables funder Capital Stage is lining up its first battery storage move, but stressed it could be some time before business models are mature enough.
No one moment took energy storage into the mainstream of the UK power system more than the outcome of National Grid’s August 2016 tender for Enhanced Frequency Response (EFR). Reporter David Pratt examines the business case behind Vattenfall's first EFR project and asks what grid operators and regulators' next moves are likely to be.
E.On has become the first company to have secured an Enhanced Frequency Response (EFR) contract in Britain last year to announce the completion of its project, following the installation and connection of a 10MW battery at a biomass plant last month.
Britain could be the best “scale-up” market in the world when it comes to deploying energy storage batteries, leaning on years of experience in solar PV, the chief of one manufacturer has said.
British investment trust, The Renewables Infrastructure Group (TRIG), has become the latest investor to enter the large scale energy storage market after buying a 20MW project from RES for £20 million (US$25.9 million).
In the past month we have heard a lot about the future of storage in the UK. From plans by the government and regulator to enable greater flexibility across electricity networks to changes to technical rules governing the market, there's been a sense that a great deal is changing. Analyst Lauren Cook of Solar Media's in-house market research team takes a look at the utility-scale pipeline figures behind the headlines.
British infrastructure investment company Foresight Group has made its second acquisition of a UK battery storage project, taking on the 10MW Nevendon battery from Gridserve and Aura Power.
Swedish state-owned power company Vattenfall has established a new business unit dedicated to solar-plus-storage.
Major solar investor Foresight Group has more UK battery storage projects firmly its crosshairs and could branch out into both C&I and co-located projects in the near future.
With a surprise general election coming in June for Britain's ballot-weary voters, Ian Larive of Low Carbon looks at the possibility of political flux interrupting the industry’s momentum - and why whichever party is victorious, they should back energy storage.
Belectric has developed PV plants on every continent of the globe except Antarctica and also delivers energy storage system projects and offers a wide range of energy storage solutions including in-house battery systems, turn-key large-scale battery storage as well as scalable container solutions. Managing director of Belectric Solar and Battery, Frank Amend, spoke to Energy-Storage.News about the company's recent acquisition by RWE subsidiary innogy and where the company sees energy storage (and solar) going.
UK firm Open Energi’s Dynamic Demand technology has been integrated with Europe’s first grid-scale Tesla Powerpack installation in Somerset, UK, in preparation for the site entering the firm frequency response (FFR) tendering market.
The potential for storage to help stabilise the grid has finally been recognised in the UK, where battery projects took all of the 200MW on offer in a recent frequency response tender. David Pickup looks at the evolving role of storage in the future grid and how further policy support can help it flourish.
While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.
Nidec ASI has been selected as supplier of batteries to a 49MW energy storage project in the UK by EDF, which will help balance the grid and generate revenues until at least 2035.
The UK has a pipeline of 2.3GW of commercial and industrial (C&I) and utility scale battery-based energy storage projects, with many developers already looking to ‘stack’ revenues through providing multiple services, a new report has found.
Seeking to delve beyond headlines, hype and overarching market forecasts, renewable energy veteran and executive recruitment specialist David Hunt spoke with some of the energy storage industry’s leading figures to understand how the various market segments are growing and how things could develop from here.
Sam Wilkinson, of IHS Markit, talks to Energy-Storage.News about the winners in the UK’s recent 200MW Enhanced Frequency Response (EFR) tender which saw utility and renewables giants share the spoils.