Eelpower, a UK-based developer which has executed renewables and cleantech projects including hydroelectric-plus-storage, has secured a £20 million (US$28.5 million) investment from investment trust Gravis Capital Management to build out its pipeline of permitted energy storage sites and pursue new development opportunities.
British vertically-integrated utility Scottish Power has come under scrutiny from the demand side response (DSR) sector after proposing to national regulator Ofgem that de-rating factors applied to large scale battery storage should be extended to those used to provide DSR in the Capacity Market.
Guidance issued by Britain’s transmission grid operator on how to co-locate energy storage with generation facilities has been welcomed by an analyst at industry group the Renewable Energy Association.
Battery storage is of growing interest to commercial and industrial (C&I) entities in the UK, but the wider energy efficiency sector has seen Brexit and other policy woes send confidence to new lows.
Northern Powergrid (NPg) has called on the energy sector to collaborate to decide the future of network-scale energy storage after differences in the role of network owned and operated batteries emerged between differing distribution network operators (DNOs).
A European consortium is to test the use of long duration storage flow machine technology with a large scale tidal energy project planned for the UK later this year.
Vertically integrated energy company Scottish Power has submitted a proposal to extend recently introduced battery de-rating factors in Britain’s Capacity Market to storage included in demand side response bids in what has been described as a latest attack on the battery market.
The UK’s first listed fund for energy storage is setting out to raise £100 million (~$139 million) for investment in battery projects, with a seed portfolio of an estimated 18MW/20MWh already arranged.
