A 100MW battery energy storage system just announced in the UK by battery storage developer, owner and operator Zenobe Energy is the first such system to win a long-term contract from the country’s transmission system operator to directly absorb reactive power from the transmission network.
Gore Street Energy Storage Fund, one of two stock exchange-listed investment funds in the UK dedicated to energy storage, is proposing a new issue of ordinary shares at 102 pence (US$1.41) per share to raise further capital for its development pipeline of 1.3GW.
At the Energy Storage Summit US, a panel of experts discussed the impact of the ITC on the uptake of co-located assets, but also the challenges of operating within its framework.
Wärtsilä’s GEMS energy management system platform has grown alongside the energy storage sector for more than a decade. We caught up with Andrew Tang, vice president of Energy Storage and Optimisation at Wärtsilä Energy to learn about the importance of software for the uptake of energy storage.
The drive towards longer duration energy storage will likely be multifaceted, with different technologies finding their place both in front of and behind the meter.
A new market mechanism for longer-duration storage should be created according to the UK’s Association for Renewable Energy and Clean Technology (REA).
There are numerous benefits from collocating battery energy storage with wind power, including grid availability and planning ease explained ScottishPower Renewable’s Tony Gannon at the Energy Storage Summit 2021.
