The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
Hydrogen and vehicle-to-grid (V2G) technologies are among those vying to be considered the next big innovation in energy storage, a panel of experts has concluded.
Oil and gas giant British Petroleum has partnered with Tesla to install a storage battery at one of its subsidiaries’ wind farms in South Dakota, US, as part of a pilot program which could see the firm further embrace battery storage.
London-headquartered oil and gas company BP has announced plans to invest US$500 million (£358.5 million) in low carbon businesses each year as it looks to further embrace the low carbon transition.