Technology firm Hyme Energy and potential customer Arla Foods are seeking EU funding for a 200MW thermal energy storage system project, which they claim is the largest in the world.
Battery storage warranties are complex and inflexible and can add ‘prohibitive’ costs and risks for some asset owners, according to ACCURE Battery Intelligence.
The UK is in the middle of a massive overhaul of its queue system for connecting projects to the grid, and BESS is one of the most oversubscribed technologies, leading to a “nervousness” for a lot of projects, law firm Freeths said.
Engie has signed an ‘energy storage as a service’ contract with technology provider Energy Dome for a long-duration energy storage (LDES) project in Sardinia, Italy.