UK electricity market operator National Grid ESO is reassessing how much energy storage gets paid in the Capacity Market, battery storage operators told Energy-Storage.news, with one calling the current system ‘outdated’.

UK BESS owner-operator Gresham House Energy Storage Fund has put a 50MW/50MWh project into commercial operation in Lancashire.

UK battery energy storage system (BESS) developer-operator Statera has submitted a planning application for a 500MW project in Oxfordshire, England.

Much more needs to be done to ensure that European countries create the right investment environment for flexibility resources in the electricity system, writes Eaton’s Siobahn Meikle.

Large-scale long-duration energy storage (LDES) projects have been launched near Cyprus and in the UK, using technologies from BaroMar and RheEnergise that are an iteration of established LDES technologies.

A 100MW/200MWh BESS project in Northern Ireland has been acquired by the renewable energy development subsidiary of UK-headquartered power generator and developer SSE.

The UK residential energy storage market has moved from primarily being about coupling with solar PV to one where users seek to take advantage of time-of-use tariffs, solutions provider GivEnergy told Energy-Storage.news.

Average revenues for the Gresham House Energy Storage Fund doubled from February to April this year, fund manager Gresham House said in its full year 2023 results.

G7 nations have agreed a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels.

UK-headquartered battery storage investor-developer Gore Street is using battery data analytics solutions to manage risk and get improved insurance terms on projects in its portfolio.