Two battery energy storage system (BESS) projects in the county of Yorkshire, northern England, have been acquired by Catalyst Capital, a European real estate investor, and Israel-headquartered renewable energy independent power producer (IPP) Econergy Renewable Energy.
UK power generation company Drax has announced plans for a new underground pumped hydro storage power station, and will seek planning permission to expand its Cruachan site in Scotland to 1.04GW.
A decision by UK gas and electricity markets regulator Ofgem’s to classify energy storage as a subset of generation must be a “stopgap measure” until parliamentary time is found.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
The UK government Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are derated within the Capacity Market (CM).
India’s Ministry of New and Renewable Energy (MNRE) has invited comments from stakeholders on its draft ‘National Policy for Renewable Energy based Micro and Mini Grids’.