Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
Activity in the UK battery energy storage system (BESS) market continues to grow substantially year-on-year despite numerous headwinds, as detailed in this H1 recap from our Market Research colleagues.
RM Funds has proposed a meeting of it and other Gore Street Energy Storage Fund (GSF) investors to discuss changes to the board following ‘sustained underperformance’, it said.
UK BESS owner Gresham House Energy Storage Fund (GRID) has entered into long-term floor agreements with Statkraft and Markel Bermuda, which will partially replace its toll with Octopus once that expires next year.
Battery storage developers and owner-operators Eku, Alcemi, Field and Energy Optimisation Solutions (EOS) make UK project progress with finance and planning approvals.