Changes to the de-rating factors for battery storage projects competing in the UK’s Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications. David Pratt heard from several industry sources following last week’s announcement.
A sustainable energy company founded by Swindon Borough Council, a local authority in western England, has submitted plans for a 50MW battery energy storage system (BESS) for its latest project.
Future battery energy storage projects in the UK have been hit with a major blow after the government published its intention to lower the de-rating factor in capacity market auctions by almost 80% for 30 minute duration batteries.
UK renewables and battery developer Anesco has warned that the looming de-rating of battery storage in the Capacity Market risks scaring investors away from the technology.
Eelpower has commissioned a 10MW battery energy storage system (BESS) in England, backed with both frequency response and capacity market contracts, in the first of a new pipeline of projects being planned by the company over the next decade.
The UK government’s Department of Business, Energy and Industrial Strategy (BEIS) has refused to provide any clarity over when a decision on the potential de-rating of energy storage assets within the capacity market (CM) will be made despite a senior policy advisor stating the judgement is “imminent”.
The UK’s large-scale battery storage installations have reached 100MW of capacity, made up of around 50 individual sites larger than 250kW. Lauren Cook of Solar Media’s Market Research team discusses how this point has been arrived at and what we might expect to see coming next.
Chris Pritchett of UK law firm Foot Anstey recently served as moderator for the “Developers and financiers debate” at the Energy Storage Conference at the Solar & Storage Live 2017 show in England. Afterwards, Andy Colthorpe caught up with Chris for an in-depth interview on camera.
No one moment took energy storage into the mainstream of the UK power system more than the outcome of National Grid’s August 2016 tender for Enhanced Frequency Response (EFR). Reporter David Pratt examines the business case behind Vattenfall’s first EFR project and asks what grid operators and regulators’ next moves are likely to be.
Anesco is investigating how it could adopt flow batteries into future projects instead of lithium as a response to growing uncertainty around the future of storage de-rating in the capacity market, Clean Energy News can reveal.
