A panel at the Battery Asset Management Summit UK & Ireland 2026 last week discussed BESS capex trends and strategies to manage it.

Four-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.

Bankability & offtake and regulatory & system reform were the key talking points on the opening panel of the Battery Asset Management Summit UK & Ireland 2026 which runs today and tomorrow (13-14 October). 

Another edition of our BESS Industry Buzz, taking a look at what’s got industry people talking in the corridors of social media. 

UK market’s shifting dynamics see listed fund Gore Street’s shareholders take key vote while CIP and BW ESS progress 4-hour duration battery storage assets at significant scale.

BESS operators should be planning their projects against different locational price and charging regimes of the future rather than solely against the current revenue opportunities.

Elliot Squire, senior asset manager for Varco Energy, discusses current and future trends in battery storage.

UK energy industry regulator Ofgem said it is minded to approve the introduction of a financial commitment for BESS in an attempt to reduce the oversupply of the projects awaiting a grid connection.

UAE state-owned renewables company Masdar has partnered with Germany’s Luxcara for battery storage and wind energy projects.

We hear from Angus Gordon Lennox, chair of the Gore Street Energy Storage Fund (GSF), which faces a shareholder vote next week on its future.