The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.
While the demand for third-party battery energy storage system (BESS) optimisation services looks set to grow substantially, challenges for companies specialised in offering those services remain.
The early numbers on the benefits of the Energy Superhub Oxford’s combination of lithium-ion and vanadium flow batteries are “encouraging”, project owner EDF Renewables told Energy-Storage.news in an interview one year one from its launch.
US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.
Around 16GW of battery energy storage system (BESS) projects got preliminary registration for this year’s capacity market auction in Poland, developer Hynfra told Energy-Storage.news.
We continue our summer season look back at the first half of this year with another chance to watch the sponsored webinars Energy-Storage.news has been proud to bring you.