UK battery storage firm Zenobe has secured £25 million (US$32.93 million) in funding from Santander as it looks to continue its growth.

Fotowatio Renewable Ventures, a developer of renewables with 1.9GW of projects to its name, has announced its first grid-scale battery project as it embarks on a global energy storage push.

Battery storage submissions for forthcoming Capacity Market auctions in the UK have dwindled, with demand side response emerging as the clean technology of choice.

UK energy regulator Ofgem has confirmed it will press ahead with a contentious reform of electricity network charges which stands to damage the economics of distributed generation and energy storage projects in the country.

RedT has confirmed that Avalon chief executive Larry Zulch will lead the combined entity should its proposed merger complete, with Scott McGregor set to depart at the end of the year.

Pivot Power is to keep a watching brief on changing planning regulations pertaining to energy storage in the UK, opening up the developer to increasing the capacity of some projects within its portfolio.

Centrica, one of the UK’s largest energy companies, is celebrating a “major breakthrough” as its flexibility trading platform goes live.

The UK will need significantly more energy storage than first thought to pursue a low cost, net zero energy system, a new study has found.

Power markets are evolving and beginning to value flexibility ahead of generation. As the UK’s networks companies move to embrace flexible generation assets, Liam Stoker spoke to some of the country’s leading providers to identify the hurdles and solutions to a more flexible power grid.

French utility EDF has acquired UK battery storage firm Pivot Power, cementing its mulit-gigawatt bid to become a market leader in Europe’s energy storage market.