Leaders in the UK and international battery storage space discussed how the industry has rapidly evolved to become a viable business at the heart of the transition to low carbon and renewable energy in this panel session from the Energy Storage Summit 2021.
The devastating power crisis in Texas last month proved the value of the energy storage market, particularly distributed models, according to a panel of renewables investors this week.
Battery storage in continental Europe “is not working anymore” following the integration of the European market, according to Next Kraftwerke CEO Jochen Schwill.
Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.
Now in its fourth year, the Energy Storage Summit has been supporting the deployment of this world-changing set of technologies in the UK and beyond since it began and it returns in just a few weeks’ time for the 2019 edition.
Mis-selling, insurance risk and the failure of associated costs to fall alongside sell prices could hold back greater battery storage deployment in Britain, a panel discussion has revealed.
With the release of the most recent Capacity Market pre-qualification register, the UK’s utility-scale battery storage pipeline has now reached nearly 8GW. Solar Media market research analyst Lauren Cook takes a deep dive into the projects that made it through pre-qualification, and what these results mean for the projects likely to get built in 2018.
Energy storage investors in Britain will need to have their projects in the ground by June next year at the latest if they are to take advantage of the lucrative new ancillary services market set to be implemented by National Grid, according to Sungrow’s European managing director.
