Siemens has continued to bolster its UK presence with a new partnership with Grid Battery Storage Limited (GBSL) which will see a 22MW portfolio of four projects built and an ‘energy storage as a service’ offering launched.
National Grid has confirmed an overhaul of the grid balancing markets it operates, pledging to “rationalise” products such as frequency response and operating reserve.
Flexible and distributed energy sources in the UK will reach 25GW by 2030 according to Aurora Energy Research, which has forecast potential annual revenues close to £3 billion as batteries, ‘peakers’ and demand-side response (DSR) come to the fore.
Energy storage investors will need to have their projects in the ground by June next year at the latest if they are to take advantage of the lucrative new ancillary services market set to be implemented by National Grid, according to Sungrow’s European managing director.
Anesco is investigating how it could adopt flow batteries into future projects instead of lithium as a response to growing uncertainty around the future of storage de-rating in the capacity market.
The government has placed power and smart systems innovation at the heart of its long-delayed Clean Growth Strategy (CGS), despite offering little more than current funding initiatives for storage, electric vehicle charging and network development.
Kiwi Power is to finance and develop a battery storage project at a multi-technology renewable energy site in south Wales, where it will provide constant grid services availability to National Grid for two years in a first for the aggregator.
