The UK energy storage is currently “in limbo” despite improvements to regulation made in recent years, according to panellists at the Energy Storage Summit.
A regulatory framework put in place by Italy’s grid operator TERNA has enabled Enel X to aggregate residential energy storage systems to pool their capabilities.
Battery storage submissions for forthcoming Capacity Market auctions in the UK have dwindled, with demand side response emerging as the clean technology of choice.
UK energy regulator Ofgem has confirmed it will press ahead with a contentious reform of electricity network charges which stands to damage the economics of distributed generation and energy storage projects in the country.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Approval has been given to the compliance plans of two more US RTOs and ISOs to be filed under FERC Order 841, the ruling set by the US Federal Energy Regulatory Commission (FERC) designed to open up regional grid operators’ wholesale markets to electricity storage.
UK energy regulator Ofgem has been accused of “passing the buck” over the financial repercussions of its Targeted Charging Review (TCR) on flexibility projects in the country.
The UK’s regulator, Ofgem, is hoping to eradicate the double-charging of storage assets through the addition of a formal definition of energy storage to the regulatory framework.
This year’s Energy Storage Europe event marked something of a culmination of “more or less 10 years of continuous evolution” in the industry, Energy-Storage.news has heard.
Topics previously off-limits due to commercial sensitivity or just a lack of experience from the field, were explored in depth at this year’s Energy Storage Summit in London.
