Developer Alcemi and investment group CIP have partnered for the development, construction and operation of a 4GW UK BESS portfolio.

Experts from LCP, Apricum and law firm CMS look at the development of financing and investment in UK battery storage.

The UK energy markets’s appetite for battery energy storage systems has grown and grown.

Andy Lycett, Sungrow’s country manager for the UK and Ireland, on the trends that might shape the industry in the years to come. 

GridBeyond is to develop behind-the-meter battery storage across the UK and Ireland, with a financing facility from Triodos.

The award of contracts to 1GW of battery storage was the “biggest news” to emerge from the latest round of Capacity Market auctions held in the UK.

Although different energy storage technologies are often thought of as in competition with each other, it’s a case of all-hands-on-deck if we are to achieve deployment targets.

Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.

The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged. 

Optimisation deals have been announced for battery storage systems in the UK for Habitat Energy and Centrica with developers Eelpower and Arlington Energy respectively.