Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.
Co-location of large-scale energy storage systems with solar and wind generation is not an immediate prospect for the UK’s clean energy markets, although interest is there, an expert panel said today at the Energy Storage Summit.
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
Expert briefing held six weeks before the Brexit deadline explores strategies for UK energy players to counter price volatility under a no-deal scenario
Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country’s Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with.
National Grid, in its capacity as the UK’s Electricity System Operator (ESO), last week launched a new ‘Distributed Resource Desk’ in its control room in a move hailed as a “huge step forward” for electricity flexibility markets.
Britain’s government is seeking to remove a significant hurdle for utility-scale co-located storage sites, enabling projects with combined capacities in excess of 50MW to proceed without requiring government consent.
UK developer and constructor of clean energy projects Anesco and Shell’s New Energies division are to partner on a utility-scale battery storage project in Norfolk, east England.
National Grid has outlined how renewables could participate in the UK’s Capacity Market, unveiling technology-specific de-rating factors that range from 1–15%.
Denmark’s largest energy company Orsted – formerly known as DONG Energy – has announced the completion of its first large-scale grid-connected energy storage project, a 20MW standalone battery system in Liverpool, England.
