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.

Phase-out plans of US utility giants underscore money-saving potential of cleaner alternatives, says think tank.

Ørsted understood to have invested low double-digit million dollar figure to purchase HelioSage, subsidiary of Panasonic-owned Coronal.

Battery Energy Storage Solutions (BESS) an independent system solutions and flexibility services provider, has taken in more than US$100 million in outside investment since November, with plans to target 100MW of UK projects.