Merchant energy storage has become an investable asset class in the UK, a provider of battery optimisation services has said, with the market moving away from an emphasis on contracted revenue streams for supplying grid services.
Advanced battery technology company Saft has executed its first projects in Australia, installing around 2MWh of battery energy storage systems (BESS) at 13 sites in Queensland.
A report out today on the causes of the UK’s recent blackout, where electricity supply to 5% of National Grid’s customers was cut off “to protect the other 95%”, highlighted that 475MW of batteries were used to help bring the network back online.
Over half a million dollars of contracts to supply flexibility to a distribution network in Britain have been awarded through a commercial tender to resource operators including behind-the-meter energy storage systems.
Two of the country’s Distribution Network Operators (DNOs) have said they are tackling the issue of so-called ‘grid grabbers’ through greater interventions in the country’s grid connection queues.
The European Council (EC) has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.
One of the distribution network operators (DNOs) tasked with maintaining security of electricity supply into British homes is launching a tender for flexibility services that include energy storage.
Distribution network operator (DNO) UK Power Networks (UKPN) has launched a new fast-track application process for small scale electricity storage just days after Britain's government solidified its support for the technology with funding allocations and new regulatory proposals.
Demand response provider Limejump has added Britain’s largest battery storage system to its aggregation assets after winning a contract from UK Power Networks (UKPN) to take on the commercial operations of Smarter Network Storage, also known as 'The Big Battery'.