Another edition of news in brief from the UK, as the National Energy System Operator pledges to improve Balancing Mechanism ‘skip rates’ and a 1GW project gets local authority approval.
Gridstor, a US-based developer and operator of grid-scale battery storage systems, has kicked off construction of its first project in the Texas ERCOT market.
A roundup of news from Europe, with Alfen and Sermatec deploying BESS projects in Sweden and Bulgaria and new firm terralyr raising €77 million for project development and operation, starting in Germany.
Specialist renewable energy insurance company kWh Analytics considers thermal runaway to still be the single most important risk that energy storage system developers must consider.
Energy storage developer Energy Vault has inked a new partnership with Enervest Group to supply a 1GWh battery energy storage system (BESS) in New South Wales, Australia.
Developer and IPP Elevate Renewables will deploy a grid-forming BESS at a fossil fuel peaker plant in Connecticut, US, with US$27.5 million from the Department of Energy (DOE).
Gore Street Energy Storage Fund will provide a Goldman Sachs subsidiary with power from its Big Rock BESS in California via a 12-year, fixed price Resource Adequacy (RA) contract.
US utility Dominion Energy Virginia has outlined options for meeting future power demand, including an additional 12GW of PV and 4.5GW of battery storage.