One of the UK’s first stock exchange-listed energy storage funds has entered into agreements to acquire a 160MW portfolio of battery storage projects in Northern Ireland and the Irish Republic.
Northern Ireland’s Queens University Belfast (QUB) has found that battery-based energy storage can provide inertial response for system reliability much more efficiently, at a lower cost and with substantially reduced emissions than thermal generation. Dr Marek Kubic at Fluence, which is working with QUB, explains.
UK energy regulator Ofgem has published guidance outlining how developers and asset owners can add storage to their subsidised solar installations without losing accreditation to the Renewables Obligation (RO) and Feed-in Tariff (FiT).
The UK and Ireland subsidiary of the Virginia-headquartered AES Corporation has signed an agreement with a Northern Irish government agency to build a 100MW battery storage array.
Ireland-based renewable energy and storage firm Gaelectric has formally filed a planning application and environmental impact assessment for its 330MW compressed air energy storage (CAES) project in Northern Ireland.