The rise of grid trading and off-peak tariffs, rather than the closure of the feed-in tariff and potentially the export tariff, will see the domestic storage market experience “huge growth” over 2019 according to SolaX’s European product manager ahead of next week’s Solar & Storage Live conference and exhibition in England.
Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
UK Power Reserve, a British developer of flexible electricity assets, has confirmed that battery storage solutions from Fluence will be used to build out its entire 120MW portfolio of projects.
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.
Six companies in Britain have been awarded places on a new energy storage framework to provide public sector bodies with a model for implementing behind-the-meter (BTM) projects.
A route to market for residential flexibility resources to access grid balancing revenue streams could save individual households in Britain more than £200 (US$260.90) each, according to a new study.
Tesla’s former EMEA vice-present has taken on an advisory role for Solo Energy as the company seeks to build out its vision of a virtual power plant driven by residential and commercial battery systems.
Amazon has submitted plans for a 4MW rooftop solar array to be deployed on its Tilbury fulfilment centre alongside a 3.77MW Tesla battery facility to help power the site, our UK sister site Solar Power Portal has revealed exclusively.
Battery assets have been used in the UK’s Balancing Mechanism for the first time via a virtual power plant, marking the start of what could be a new era for energy storage business models in Britain.
Britain’s transmission system operator National Grid has confirmed it will roll out the use of its Ancillary Services Dispatch Platform (ASDP) to a number of services over the next year following the successful dispatch of fast reserve using battery storage last month.