In the UK, a new, quarter of a billion-pound innovation competition for batteries has been launched, while plans for overhaul of the energy sector promising a “determined, joined-up, far-sighted and deliberate approach from government” appear to have been met with relish by the industry. Consultant Robert Ede goes beyond headlines to look at what this might really mean in practical terms.
What is claimed to be the UK’s largest stand-alone battery storage facility has been successfully commissioned by Hazel Capital as the investor continues to build its energy storage project portfolio.
The financial services arm of engineering giant Siemens will be offering no-money-down options for commercial and industrial (C&I) customers in the UK to purchase energy storage systems.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK's transmission system operator National Grid.