Gresham House said that it was perfectly poised to cater for growing demand for grid-scale batteries in the UK, revealing it had acquired a minor stake in battery project developer Noriker Power.
Battery asset optimisation firm Habitat Energy has landed a contract from Arlington Energy to manage a 40MW battery, as the former sets its sights on assembling a leading portfolio.
The sudden loss of nearly 2GW of generation triggered a stress event and power cuts experienced up and down the country on Friday evening (9 August 2019).
Renewables developers must be co-locating with other technologies or turning to aggregators to offset the serious disruption caused by market price volatility.
Record low clearing prices in the T-1 Capacity Market auction have rendered the mechanism unfit for purpose, while meeting its minimum requirements could seem “fatally onerous” for battery storage developers.
