Habitat Energy, Centrica sign 189MW of UK battery storage optimisation deals
Optimisation deals have been announced for battery storage systems in the UK for Habitat Energy and Centrica with developers Eelpower and Arlington Energy respectively.
Optimisation deals have been announced for battery storage systems in the UK for Habitat Energy and Centrica with developers Eelpower and Arlington Energy respectively.
Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.
The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged.
Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.
Following last year’s acquisition, independent power plant developer Green Frog Power has rebranded as Pulse Clean Energy and unveiled a target of 1GW+ of energy storage assets in the UK.
The EStor-Lux battery site in south Belgium fully launched commercial activity in December and has successfully participated in grid frequency auctions.
A flurry of activity observed in C&I energy storage, hinting that industry players spy potential in underperforming market segment.
CIP and Amberside Energy have partnered to develop a 2GW portfolio of solar and battery storage projects across the UK.
Grid operators from across Europe believe energy storage is a vital flexibility resource that should be incentivised.
Long-duration energy storage was firmly on the agenda and among the talking points of attendees at Energy Storage Summit EU in London.