RedT Energy has won a £750,000 grant from the UK government to further develop its flow machine technology in the latest push for long duration energy storage technologies.
The capacity market is rapidly becoming “outdated” after the latest auction failed to secure capacity and value for new technologies like energy storage, which is now in “a state of flux” following changes to de-rating factors.
Over 9,000MWh of battery energy storage could be deployed in Britain over the next five years as the sector enjoys a trend towards “explosive growth” driven largely by the country's clean energy transition, a market analyst has said.
Battery storage and demand-side response have continued to play a crucial role in the UK’s power mix, together landing more than 500MW of contracts in the most recent T-1 Capacity Market auction.
National Grid has revealed a simplified, more standardised approach to Firm Frequency Response (FFR) procurement whilst teasing the first details of its fast-response follow-up to EFR.
A significant number of battery storage assets representing multiple gigawatts of capacity have cleared the first hurdle towards competing in forthcoming Capacity Market auctions.
The Energy Networks Association (ENA) has implored energy sector stakeholders to engage and collaborate with network companies in order to boost innovation.
Jaguar Land Rover, Connected Energy, the University of Warwick and Videre Global are to collaborate on a second-life battery research project in the UK.
