There is more work to be done on ensuring alignment between maximising grid-scale battery revenue and maximising system benefits, said panellists on Day 2 of the Energy Storage Summit.
UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus.
Battery storage projects totalling 627MW were awarded contracts in the UK’s 2023-24 Capacity Market auction which concluded yesterday (14 February), nearly a two-thirds jump on last year’s.
Some organisations consulted for a UK government study believe that the safety of second life EV batteries in residential energy storage “can never be guaranteed” while others believe an enabling framework is possible.