The vast majority of battery projects set to compete in Britain’s upcoming Capacity Market (CM) auctions will face significantly decreased de-rating factors after it emerged that most projects are still set to use either 30 minute or one hour duration batteries.
Energy storage provider Connected Energy has secured £3 million (US$4.13 million) of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.
Fresh details have emerged surrounding UK-headquartered utility Centrica’s rumoured 100MW battery after a planning application was submitted to Kilkenny County Council in Ireland through a joint venture formed in part by local subsidiary Bord Gáis Energy.
VLC Energy has become the latest firm to finish its Enhanced Frequency Response (EFR) battery projects following the completion of two projects totalling 50MW.
The European Council (EC) has agreed a new position on the internal electricity market, placing consumer empowerment, cross-border trading and higher levels of renewables at the heart of the European Union’s efforts to transition to a low carbon economy.
UK energy regulator Ofgem has published guidance outlining how developers and asset owners can add storage to their subsidised solar installations without losing accreditation to the Renewables Obligation (RO) and Feed-in Tariff (FiT).
Battery storage and smart technologies are to be rolled out to homes in the Irish town of Dingle as part of a new trial to test their potential to support the use of variable renewable energy supply resources and smart connection to the Irish electricity grid.
Distribution network operators (DNOs) in Britain should be able to own and operate a minimal amount of battery storage capacity in certain cases, and be able to compete in the ancillary services market to fund the projects, according to the head of regulation and strategy at Northern Powergrid (NPg), one of the country’s seven DNOs.
Changes to the de-rating factors for battery storage projects competing in the UK’s Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications. David Pratt heard from several industry sources following last week’s announcement.
A sustainable energy company founded by Swindon Borough Council, a local authority in western England, has submitted plans for a 50MW battery energy storage system (BESS) for its latest project.
