Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said.

The editorial team brings you the top takeaways from this year’s Summit, spanning everything from finance and the growing appetite for investment in the market today, to the technologies and policies that could help the UK and other nations to meet urgent deadlines for decarbonisation.

The success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity.

Participation in the UK’s recently-launched Dynamic Containment (DC) frequency response service has exceeded 400MW of assets with the enrolment of investment fund Gore Street Capital’s 9MW Port of Tilbury battery storage project by optimiser Origami Energy.

A look at this morning’s Energy Storage Summit 2021 keynote discussion, ‘What is the key for really making money from batteries?’ and the panel’s thoughts on the increasingly complex range of revenue pathways.

Battery storage systems can deliver multiple services and provide customers and sites with backup power, but their value in doing so remains largely dependent on “highly sophisticated” software.

The February 2021 episode of the Solar Media Podcast is now available to stream and asks the question: Could solar energy deployment in 2021 top 200GW?

Battery storage was called into action in Britain after a newly-inaugurated interconnector with France tripped.

Mexico’s economy, international competitiveness and quality of power on the electric grid – as well as its environment – could be given a serious boost if battery energy storage systems were given a greater chance to contribute, a developer of projects based in the country has said.

National Grid ESO, the electricity system operator tasked with keeping the lights on in the UK, is looking to enable multiple application stacking for providers of a new frequency response service that also participate in the national Balancing Mechanism.