Expert briefing held six weeks before the Brexit deadline explores strategies for UK energy players to counter price volatility under a no-deal scenario

Britain’s second listed energy storage fund has raised £100 million (US$129.12 million) to trade on the London Stock Exchange.

Next Kraftwerke, offering ‘Virtual Power Plants-as-a-service’, will integrate a 2MW/2MWh battery at the premises of a commercial customer which will be integrated to offer both front-of-meter and behind-the-meter benefits.

In the past week, developer RES Group has just got a front-of-meter battery project underway for a utility company in northern Germany, while storage system provider Tesvolt has just signed a deal with another utility in the European country to distribute energy storage behind-the-meter for commercial customers.

The US is expected to remain the world’s biggest market for energy storage until 2022, with China its closest rival, GTM Research has said.

News in brief from around the world of energy storage.

Dutch energy storage system and related technologies provider Alfen has confirmed its IPO and listing on the Amsterdam Euronext stock exchange, first announced in December 2017, will go ahead.

The potential for a 400MW/2,500MWh pumped hydro energy storage site is being investigated in Dubai.

Energy storage provider Connected Energy has secured £3 million (US$4.13 million) of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.