Storage

Total reserve revenues reached their highest-ever level after the new Quick Reserve service went live on 3 December. Image: Gresham House.

Battery storage revenues in Great Britain up, says Modo Energy

January 13, 2025
Market analytics platform Modo Energy says December 2024 saw the highest battery energy storage revenues in Great Britain since January 2023.
staff in high vis vests examine a BESS unit

Statera buys 680MW BESS project from Carlton Power

January 10, 2025
Statera Energy and Carlton Power have entered an agreement allowing Statera Energy to build a 680MW battery energy storage system (BESS).
BESS units lined up in a row

RES submits planning for 100MW Northern Irish BESS

January 9, 2025
RES has submitted a planning application for a proposed 100MW battery energy storage system (BESS) to be located in County Tyrone, Northern Ireland.
E-STORAGE, part of Canadian Solar’s majority-owned subsidiary CSI Solar, signed contracts covering both BESS projects, which are scheduled to begin construction in 2027. Image: Canadian Solar.

CIP progresses 1GW/2GWh Scottish BESS portfolio

January 9, 2025
Renewable fund manager Copenhagen Infrastructure Partners (CIP) has progressed two battery energy storage system (BESS) developments in Scotland that will have a combined capacity of 1GW.
Due to solar PV and wind capacity distributed across large areas and multiple locations, expanding the grid would allow renewable energy projects to connect and deliver power in the needed quantities. Image: Roger Cornfoot / Wikimedia Commons.

UK prioritises grid and storage as deployment threatens global energy transition targets

January 7, 2025
Global grid infrastructure and energy storage must step up to avoid delaying 2030 targets, a report by the International Renewable Energy Agency (IRENA) says.
One of Gresham House's projects. Image: GRID.

Gresham House Energy Storage Fund revenues up as balancing mechanism improves

January 6, 2025
Gresham House Energy Storage Fund (GRID) expects full year operational portfolio revenues of about £42 million, as December saw better dispatch rates of batteries in the balancing mechanism (BM).
Cubico's 50MW Owl's Hatch solar PV plant, the firm's biggest UK solar project to date. Image: Cubico Sustainable Investments.

Cubico Sustainable Investments signs Tesla deal for 95MWh BESS project in Dorset

January 2, 2025
Cubico Sustainable Investments (Cubico) will begin constructing its first battery storage project in the UK after signing agreements with Tesla.
We round up the NSIP projects already on the planning inspectorate’s radar that are set to progress in 2025.

Ones to watch: NSIP movements in 2025

December 31, 2024
We round up the NSIP projects already on the planning inspectorate’s radar that are set to progress in 2025.
Power demand has fallen in Britain by over 20% since 2010, with improved energy efficiency and reduced output in the commercial and industrial sectors being the dominant cause of this. Image: Elexon.

Aurora: BESS successful as negative price periods increase

December 30, 2024
Analysis from energy market analytics firm Aurora has shown that negative price periods in Britain were six times more frequent in 2024 than in 2022.
green bess units close up

Harmony Energy Income Trust reaches final stage of portfolio sale

December 20, 2024
Harmony Energy Income Trust (HEIT) has announced that it has reached a new milestone in the sale of its entire UK portfolio.

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