We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.
Energy storage developer Pacific Green has entered the market in Italy, acquiring a 500MW portfolio of BESS projects from developer Sphera Energy Srl which could have a duration of up to six hours.
Developers Matrix Renewables and Emeren have agreed a deal for a 410MW/3,280MWh BESS project portfolio in Italy, equating to an average discharge duration of 8 hours.
Renewable energy developer BayWa r.e. has got the green light to develop and build a 3-hour duration battery energy storage system (BESS) in the UK, set to come online in 2026.
System integrator Fluence and Norwegian state-owned power firm Statkraft have partnered on a 4-hour battery energy storage system (BESS) in Ireland, the market’s first.
The government of New Caledonia, a French overseas territory in Polynesia, has announced plans for a 150MWh battery energy storage system (BESS) to be deployed by IPP Akuo Energy.
