Invinity Energy Systems, supplier of a grid-scale vanadium flow battery being installed at a site in the UK will rent the battery’s electrolyte out to the investor developing the project, thereby helping lower the upfront cost of getting the system deployed.
The largest battery storage project to be owned by a local government authority in the UK, the 30MW Fideoak project, required a novel software solution to ensure that the best return and maximum impact could be made with public money invested, as Thomas Jennings of Kiwi Power explains.
Merchant energy storage has become an investable asset class in the UK, a provider of battery optimisation services has said, with the market moving away from an emphasis on contracted revenue streams for supplying grid services.
Ireland’s DS3 is a “really interesting market” but there is a lack of clarity of what the enduring arrangements for procuring DS3 look like, says Statkraft Market’s head of UK energy storage, Nick Heyward.
Our in-house editorial and events team and industry folk, experts and whoever else interesting we can bring you will discuss clean energy and renewables technologies and their place on the decarbonised planet.
Renewable energy and energy storage project developer Anesco has handed aggregator Flexitricity the keys to 19.5MW of battery assets, with the latter set to earn revenues from four different ‘streams’.