UK-based utility Octopus Energy will optimise UK battery storage projects for UAE-based Masdar, which has committed to investing £1 billion (US$1.25 million) in the country’s grid-scale market.
Wärtsilä has signed a repeat order with EDF Renewables UK to deliver a 57MW/114MWh grid-scale energy storage system in Bramford, a village in the east of England.
Firm Frequency Response (FFR) auction prices in the UK have hit their lowest level since 2019 as market saturation begins to take effect, market analytics platform Modo Energy said.
Quinbrook Infrastructure Partners has started construction on Cleve Hill Solar Park, the largest solar and energy storage project in the UK, it claimed.
The UK’s battery energy storage market will grow to 24GW by the end of the decade and account for almost 9% of all global capacity installations, energy research firm Rystad Energy said.
UK battery storage developer Field Energy has announced plans to expand into Italy, a market where the utility-scale sector is set to grow substantially from a negligible base today.
