The UK battery storage market is suffering a “weak revenue environment”, with assets not able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability, according to Gresham House Energy Storage Fund.

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UK’s electricity system operator, National Grid ESO (ESO) this week (12 December) launched the first stage of its Open Balancing Platform.

The optimiser holds the keys to your battery storage asset, so it’s important to ask the right questions, says Jürgen Pfalzer of enspired.

Dr Alastair Martin of Flexitricity sheds light on negative energy pricing and the opportunity it represents for batteries.

Concern has been raised by the industry about battery storage consistently being overlooked in the UK’s Balancing Mechanism (BM), as the sector’s average revenues plummeted in the first half of 2023.

Europe’s biggest battery storage system earned £2.3 million (US$2.85 million) revenues in Q1 2023.

Another edition of news in brief, this time from the UK’s booming large-scale battery energy storage system (BESS) market.

Electric vehicles have been used to help balance the grid in what has been dubbed a first for vehicle-to-grid tech in the UK.

Optimisation deals have been announced for battery storage systems in the UK for Habitat Energy and Centrica with developers Eelpower and Arlington Energy respectively.