UK-based energy industry data platform company Modo Energy’s monthly Revenue Benchmark has found that battery energy storage revenues in the country increased by 53% between June and July.

Concern has been raised by the industry about battery storage consistently being overlooked in the UK’s Balancing Mechanism (BM), as the sector’s average revenues plummeted in the first half of 2023.

Energy crisis resulted in high ancillary services revenues for battery storage, with some assets earning four times more than expected.

Energy-Storage.news proudly presents our webinar with Enel X on strategies for success in the UK and Ireland battery storage markets.

The high rates of return in the UK energy storage market seen in the last 6-12 months are unlikely to continue going forward as capex costs increase and ancillary markets saturate.

Sungrow has announced a new partnership with Statera Energy, to supply a 362MW/391MWh energy storage project in the UK.

Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.

Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.

France-headquartered renewable power producer Voltalia brought online a 32MW / 32MWh battery energy storage system (BESS) project in southern England in December, the company’s second UK battery project.

News in brief from a busy week for the UK’s energy storage industry.