Utility Octopus Energy will pay Gresham House Energy Storage Fund (GRID) a fixed fee to use half of its UK BESS portfolio, at a price which it said is ‘above the current merchant revenue stack’.
Market-ready artificial intelligence (AI) is a key feature of battery management to deliver sustainable revenues for a more competitive renewables market, writes Dr Adrien Bizeray of Brill Power.
Battery storage thrives on energy market volatility meaning there will be good years and bad years, a panellist at Solar Media’s Renewable Energy Revenues Summit 2024 said last week.
Real estate development company Gardner has signed an agreement with technology provider Torus to deploy flywheel and battery-based energy storage systems at its commercial properties in Utah, US.
The first 4-hour duration battery storage project to be built in Ireland exemplifies both the challenges and opportunities of the country’s growing and evolving market.
Creating a connected Internet of Things (IoT) infrastructure is crucial for improving the efficiency, security and resilience of BESS, claims IoT system and platform provider Advantech.
Energy-Storage.news is proud to present our sponsored webinar with ACCURE, looking at how data analytics can change the dynamics of insuring large-scale battery storage projects.
Stem Inc has reaffirmed guidance of positive adjusted EBITDA for 2024, despite starting the year with a 62% year-on-year decrease in reported revenues and a fall in bookings.