The battery storage market in the UK has become a viable investment opportunity in just the past few months, even without the backing of long-term contracts for grid services, according to an investment manager in the renewable energy sector.
With the current tariff framework for energy storage in Ireland set to come to an end in April 2023, there is scepticism over the support that will follow.
There exists a strong potential for energy storage to provide ancillary services in the Iberian Peninsula’s booming renewables market, but regulatory stability should be provided to encourage the sector’s growth, a panel has suggested.
The success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity.
Participation in the UK’s recently-launched Dynamic Containment (DC) frequency response service has exceeded 400MW of assets with the enrolment of investment fund Gore Street Capital’s 9MW Port of Tilbury battery storage project by optimiser Origami Energy.
Although there is growing interest within the energy storage industry around the National Grid’s Dynamic Containment (DC) system, operators who tap into it must be ready to adapt and maintain other revenue streams, a panel of industry experts heard this week.
The benefits – and remaining challenges – of the UK’s new frequency response service Dynamic Containment (DC) were discussed at today’s Energy Storage Summit by a panel of experts and industry stakeholders.
New York Power Authority (NYPA) said on the release of its strategic plan VISION2030 in December that it wants to lead by example with a commitment to cost-effective clean energy that could see NYPA reach emissions-free electricity by 2035. Energy-Storage.news speaks with chief commercial officer (CCO), Sarah Salati to find out more.
Leclanché will deploy a short duration battery energy storage system (BESS) and energy management software to a natural gas power plant in Levice, Slovakia.
