Leaders in the UK and international battery storage space discussed how the industry has rapidly evolved to become a viable business at the heart of the transition to low carbon and renewable energy in this panel session from the Energy Storage Summit 2021.
The Australian Energy Market Commission has drafted a new rule to enable the provision of fast frequency response services to help keep the electricity grid stable which one expert said will be “a really important market for batteries”.
Gore Street Energy Storage Fund, a publicly listed energy storage investment funds in the UK, is entering its portfolio into the Dynamic Containment grid services market while it has 100MW of projects in Northern Ireland nearing completion.
Participation in the UK's recently-launched Dynamic Containment (DC) frequency response service has exceeded 400MW of assets with the enrolment of investment fund Gore Street Capital's 9MW Port of Tilbury battery storage project by optimiser Origami Energy.
Although there is growing interest within the energy storage industry around the National Grid’s Dynamic Containment (DC) system, operators who tap into it must be ready to adapt and maintain other revenue streams, a panel of industry experts heard this week.
US utility-scale battery energy storage project developer Key Capture Energy has secured US$93.3 million debt financing for a portfolio of six projects in Texas.
Leclanché will deploy a short duration battery energy storage system (BESS) and energy management software to a natural gas power plant in Levice, Slovakia.
Norwegian state-owned energy company Statkraft is to provide market access and trading optimisation for battery storage assets being developed by RWE in Ireland.
National Grid ESO, the electricity system operator tasked with keeping the lights on in the UK, is looking to enable multiple application stacking for providers of a new frequency response service that also participate in the national Balancing Mechanism.
Let’s take a look at the news stories that had the most page views on the site since the beginning of 2020. The list covers everything from always-in-focus topics of cost reduction and competitiveness, to fire safety, innovation and commercialisation of new technologies and, of course in this year, COVID-19.
Here’s the top-ranking blogs from 2020 on the website, based on page views.
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.
London Stock Exchange-listed investor Gresham House Energy Storage Fund has raised £120 million (US$159.86 million) to finance six new energy storage projects.
A new market for providing ancillary services to the UK’s grid has been highlighted as more valuable in its first seven weeks of operation than any other frequency response service run by the network operator, National Grid ESO.
Energy-Storage.news was delighted to host a sponsored webinar with Wärtsilä Energy on how energy storage is being used to support the uptake of electric transport last week - and you can now watch the whole thing on our YouTube channel.
The grid operator for the Canadian province of Alberta’s forthcoming technology pilot for fast frequency response services is a “step in the right direction” to enable energy storage deployment, but current regulatory conditions present barriers to maximising the value of batteries and other storage, Energy-Storage.news has heard.
The acquisition of Advanced Microgrid Solutions (AMS) saw energy storage technology provider and system integrator Fluence take on AMS' artificial intelligence (AI)-enabled optimised bidding software for energy storage and renewable energy assets. Energy-Storage.news editor Andy Colthorpe asked Fluence CTO Brett Galura and former AMS CEO Seyed H. Madaeni some key questions about the acquisition.
A 50MW / 75MWh battery energy storage system (BESS) project in Western Sydney, Australia, will receive AU$21.5 million (US$15.35 million) in assistance from the federal and state governments towards its total cost of AU$61.9 million.
Energy storage including short duration and seasonal technologies ranging from lithium batteries to hydrogen could help mitigate the impacts of negative power prices in Europe, an analyst has said.
The dynamics of balancing electricity supply and demand on the grid have been deeply affected by the coronavirus pandemic, but it's certainly not the only reason why the UK's electricity system operator is introducing a new service called Dynamic Containment. What is it and why is the UK already replacing its firm frequency response (FFR) and other ancillary services?
Invinity Energy Systems, supplier of a grid-scale vanadium flow battery being installed at a site in the UK will rent the battery’s electrolyte out to the investor developing the project, thereby helping lower the upfront cost of getting the system deployed.
The largest battery storage project to be owned by a local government authority in the UK, the 30MW Fideoak project, required a novel software solution to ensure that the best return and maximum impact could be made with public money invested, as Thomas Jennings of Kiwi Power explains.
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 roundup of news in brief from the energy storage industry, this time with a special focus on the UK market.
#ESSummit2020 Q&A: ‘Ireland’s market design allows meaningful action towards 70% renewables by 2030’
Ireland's DS3 is a "really interesting market" but there is a lack of clarity of what the enduring arrangements for procuring DS3 look like, says Statkraft Market's head of UK energy storage, Nick Heyward.
A 100MW battery storage project - consisting of two 50MW batteries - has begun construction in the UK.
Statkraft is laying claim to the first utility-scale battery in the Republic of Ireland with the completion of an 11MW project.
Our in-house editorial and events team and industry folk, experts and whoever else interesting we can bring you will discuss clean energy and renewables technologies and their place on the decarbonised planet.
‘Flow batteries’ could provide frequency response in the UK for the first time ever, as a modestly sized solar-plus-storage system has been pre-qualified into National Grid’s dynamic firm frequency response (dFFR) market.
Limejump said dynamic frequency response assets, predominantly batteries, were the first to respond as 1GW of capacity 'fell off' the system.