Long-duration energy storage: UK’s House of Lords tells government to ‘get on with it’ and act fast
The UK’s House of Lords Science and Technology Committee has said government must make “major decisions about future energy infrastructure”.
The UK’s House of Lords Science and Technology Committee has said government must make “major decisions about future energy infrastructure”.
The UK’s House of Lords Science and Technology Committee has said government must make “major decisions about future energy infrastructure”.
We heard from system integrator, developer and EPC delegates at the Energy Storage Summit EU in London last month about the implications of falling BESS prices.
London Stock Exchange-listed battery storage investment firm Harmony Energy Income Trust (HEIT) has predicted that it can generate “attractive returns” despite the ongoing woes in battery energy storage revenues in the GB market.
Italy grid-scale energy storage market opportunities unlike anywhere else, but many challenges and uncertainties around the different revenue streams remain, including the upcoming MACSE capacity market auction.
In this episode, Net Zero by Current± is joined by Andy Colthorpe, editor of Energy-Storage.news to discuss the role of energy storage in net zero.
Sungrow tells Energy-Storage.news that it does not currently have plans to launch its own lithium-ion battery cell production for battery energy storage system (BESS) products, a route being taken by other China-based system integrators.
We hear from industry sources about why we’ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe’s two largest markets by BESS deployments.
The UK electricity system operator’s T-4 Capacity Market Auction (CMA) for delivery year 2027/28 cleared earlier this week (27 February) after two rounds at an “all-time high” clearing price of £65 (US$82.23)/kW/year.
Masdar Arlington Energy, Renewable Power Capital and TagEnergy have broken ground on, acquired and financed projects UK battery energy storage system (BESS) projects totalling 162MW of power.