Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
Federal energy regulator accused of ‘overreach’ after maintaining provision that forces storage projects to offer minimum prices when competing at state’s capacity market.
New proposals from the UK government intend to slam shut a loophole that had allowed for battery storage projects in the country to access more favourable payments for their flexible capacity.
Battery storage assets in the UK successfully landed capacity agreements in last week’s T-3 Capacity Market auction by listing as demand side response (DSR) assets.
Battery storage submissions for forthcoming Capacity Market auctions in the UK have dwindled, with demand side response emerging as the clean technology of choice.
At 4:52pm on Friday 9 August 2019, the UK suffered its first wide-scale blackout in more than a decade. More than 1.1 million consumers were plunged into the dark as rail lines screeched to a halt, traffic lights failed and even airports reported problems. Liam Stoker looks at the root causes, and how battery storage came to the rescue.
60MW of energy storage developed by Fluence and Sembcorp Energy UK has come online, lauded as one of the largest transacted fleets of its kind in Europe.
UK investment management firm Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.
