battery storage

Gresham House Energy Storage Fund has partnered with Origami and Habitat Energy to enable 50MW of battery energy storage systems (BESS) to participate in Dynamic Containment (DC) and wholesale markets.

Clean energy firm TagEnergy has secured a €450 million (£376 million) investment to drive the initial delivery of its 2.7GW global pipeline - including projects in the UK.

​National Grid ESO has awarded 15 contracts to ten companies to provide new ‘post fault’ services.

​Limejump has announced a new partnership with South Somerset District Council’s (SSDC) Opium Power to optimise 90MW of battery energy storage assets.

​Battery storage participation in the Balancing Mechanism has “increased massively” while a hybrid approach to trading that sees assets dipping in and out of Dynamic Containment is becoming more common.

​Centrica Business Solutions has acquired a 30MW fully consented battery energy storage project, which will help manage North Sea offshore wind farms.

​Pivot Power has gained planning permission for two new battery storage assets, as it targets the continued expansion of its energy superhubs.

​Investors are increasingly turning attention to the Balancing Mechanism and Capacity Market for future long-duration battery storage revenue streams, with new research from LCP suggesting batteries can play a larger role in both.