Europe’s biggest battery storage system earned £2.3 million (US$2.85 million) revenues in Q1 2023.

After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.

In an effort to make it easier for smaller participants to bid into the Balancing Mechanism (BM), National Grid ESO has introduced a new interface.