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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.
A 300MW pipeline of behind-the-meter energy storage projects in Canada and the US will be executed by large engineering firm Honeywell, with Canadian project developer NRStor.
News in brief from around the world of energy storage.
Battery asset optimisation firm Habitat Energy has landed a contract from UK clean energy investment company Arlington Energy to manage a 40MW battery, as the former sets its sights on assembling a leading portfolio.