The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

national grid eso

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May 16, 2024
UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.
March 1, 2024
London Stock Exchange-listed battery storage investment firm Harmony Energy Income Trust (HEIT) has predicted that it can generate “attractive returns” despite the ongoing woes in battery energy storage revenues in the GB market.
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February 22, 2024
The inverters at an upcoming 300MW/600MWh project in Scotland, UK, will enable the asset to deliver inertia that is “essential for the grid to function efficiently”.
February 21, 2024
Battery energy storage systems (BESS) were awarded 655.16MW in the UK’s T-1 Capacity Market Auction for delivery year 2024/25, which cleared yesterday (20 February) after eight rounds at £35.79 (US$45.17)/kW/year.
February 15, 2024
The first energy storage asset built using Wärtsilä’s new Quantum High Energy battery energy storage system (BESS) solution will be a 300MW/600MWh project in Scotland, UK.
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January 8, 2024
We hear from Chris Wickins, technical director at UK battery storage developer-operator Field about how grid interconnection and market mechanisms are developing in Europe’s most advanced energy storage market.
December 21, 2023
A 100MW battery storage project in the UK connected to National Grid’s transmission network has gone online, developed by Pacific Green on the former site of a coal plant.
December 15, 2023
UK’s electricity system operator, National Grid ESO (ESO) this week (12 December) launched the first stage of its Open Balancing Platform.
September 26, 2023
Varco Energy has secured debt financing facilities from bank NatWest to fund its pipeline of battery energy storage systems (BESS) in the UK.
August 31, 2023
Norwegian state-owned power producer Statkraft has enlisted system integrator Fluence for a 50MW, transmission system-connected battery energy storage system (BESS) in the UK.

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