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.

Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.

The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.

Battery storage in continental Europe “is not working anymore” following the integration of the European market, according to Next Kraftwerke CEO Jochen Schwill.

Hydrogen and vehicle-to-grid (V2G) technologies are among those vying to be considered the next big innovation in energy storage, a panel of experts has concluded.

Investors are queuing “all the way down the street” but many require the first projects to be built before committing, Gridserve’s chief investment officer Mark Henderson has said.

Pivot Power is keeping an eye on solutions other than lithium-ion, but chief executive Matt Allen stressed the need to focus on the now and deploy chemistries that are “ready and investable”.

InnoEnergy has launched a platform designed to “bridge the gap” between financial institutions and battery businesses.

‘Own and operate’ model creates option of a ‘one-stop’ solution for customers in exchange for a pence per-mile service fee or fixed monthly charge.