UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
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.
As battery owners and operators seek to maximise the returns from their assets, they simultaneously face the Herculean challenge of managing degradation.
The scrapping of the UK’s Zero Carbon homes policy is costing occupants of new-build homes more than £200 (US$257.14) per year, essentially three times the targeted savings from a price cap set by the regulator, Ofgem.
A local authority in England has unveiled two landmark solar-plus-storage projects on existing landfill sites which aim to be the first of their kind in the UK.
International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company which claims it has enabled big increases in revenues available to owners of the devices.
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.
Ofgem is to consider Scottish Power’s proposal to create demand side response (DSR) technology classes intended to apply new de-rating factors to energy storage used as part of DSR bids into the Capacity Market in 2019.
