The future of the Capacity Market has been plunged into doubt after the European Court of Justice annulled the European Commission’s decision not to object to the scheme.
RWE has ‘frozen’ it’s planned 100MW battery at the proposed Tilbury Energy Centre amidst concerns that the project’s Combined Cycle Gas Turbine (CCGT) would not be able to secure Capacity Market contracts.
UK Power Reserve has confirmed that battery storage solutions from Fluence will be used to build out its entire 120MW portfolio of projects to have secured contracts in the 2016 Capacity Market auction.
EDF Energy has completed a 2MW trade of a Capacity Market obligation (CMO) with UK Power Reserve (UKPR) utilising a digital trading platform underpinned by blockchain technology.
Food wholesaler Philip Dennis Foodservice has installed energy storage units totalling over 4MW at its Barnstaple offices in an effort to generate revenue from grid services, rather than making savings from behind-the-meter activity.
The Department for Business, Energy and Industrial Strategy (BEIS) has begun the process of potentially opening the door for renewables to compete in the Capacity Market.
National Grid has confirmed it will aim to procure 46.3GW of reserve capacity in the forthcoming T-4 2022/23 auction and 4.6GW in the T-1 2019/20 auction following approval from energy minister Claire Perry.
Irish state utility ESB has confirmed its entry into the UK grid-scale energy storage market with the purchase of a 7MWh facility from developer Anesco.
Fluence says it has secured the single largest energy storage portfolio transaction for a technology provider announced in the UK to date after being selected by UK Power Reserve (UKPR) to deliver half of its battery storage portfolio.
