Long-term BESS offtake and PPA deals are clearly on the rise in Europe, but how are they evolving vi-a-vis structures, tenors and regional differences?
Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.
US non-lithium battery technology companies Eos Energy Enterprises and Unigrid have announced partnerships to deploy their tech abroad, striking deals in the UK and India respectively.
Owner-operator BW ESS’ 100MW/331MWh UK Bramley BESS was unique in numerous ways when it came online last year, the first outside China to use Sungrow’s AC block technology.
Some 2.5GW of BESS projects in the UK have won contracts across the T-1 and T-4 capacity markets (CM), announced in a week which also saw project financings worth a combined c.£1 billion, including from Zenobē, Constantine and Quinbrook.
As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.
UK-headquartered BESS investor Gore Street Energy Storage Fund (GSF) and financial services firm Morningstar have provide updates outlining their views on US clean energy tax credits and their future.
A fire broke out at an under-construction BESS project in Essex, England, on 19 February and was brought under control and then handed back to site management a day later.
Commercial operation has started on the 100MW/331MWh Bramley battery energy storage system (BESS), a project in the UK deployed by owner-operator BW ESS, developer Penso Power and BESS provider Sungrow.
Despite a 12% year-on-year fall in the capacity of newly submitted planning applications in 2024, there is still a strong interest in the UK energy storage market as a whole.
