A panel at the 2026 US Energy Storage Summit in Dallas, Texas, discussed the “creative, innovative structures” developers are having to embrace to secure long-term revenues for energy storage projects.
SSE Renewables, Matrix Renewables, Drax and Voltaria have all progressed large-scale BESS projects in the UK, all-in-all totalling 1.8GWh of new capacity.
BESS fund manager Gore Street Capital’s director of asset management Daniel Sherlock-Burke recently discussed the work it is doing around capturing and making use of its huge quantities of operational data.
In this second part of our interview with Wood Mackenzie energy storage analysts, we look at risk factors and mitigation across the European and US markets.
We heard from Danske Commodities’ principal originator Rimshah Javed at the Energy Storage Summit 2026, to discuss trends in BESS offtake, optimisation, FCAs in Germany and the Danish market. The latter has taken off in the past year.
A second-round auction in the UK for grid stability services, including inertia, concluded without any wins for grid-forming battery energy storage system (BESS) projects.
Allianz GI, Luxcara and Return have acquired BESS projects and portfolios in Germany, Finland and Spain; Low Carbon, OX2, Cero Generation and Revera have taken FIDs on projects in Poland, Finland and the UK; and NHOA Energy has received a 600MWh order in Italy. All in all, the projects total at least 3.7GWh of capacity.
