bess revenues

an overhead view of the swangate BESS

Econergy on Swangate, investment and the future of the BESS market 

March 5, 2025
We spoke to Josh Murphy, head of storage at Econergy, to discuss the Swangate project, the recent struggles of the UK BESS market, and what the future holds for the sector. 
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.
A small slowdown in yearly revenues is forecast towards the end of the decade in line with Cornwall Insight’s wholesale power price projections. Image: Lightsource bp.

Battery revenues set for rebound in 2026, Cornwall Insight says

November 4, 2024
UK consultancy Cornwall Insight has published projections that profits from battery storage units will rebound by 2026.
An image of Gore Streets' Lower Road battery asset. Image: Gore Street.

Gore Street Energy Storage Fund generates average revenue of £16.1/MWh in January and February 2024

March 15, 2024
Gore Street Energy Storage Fund has detailed that its portfolio generated an average revenue of £16.1/MWh in January and February.
A battery storage site next to a green field on the left. Cloudy skies and concrete ground

HEIT predicts it can generate ‘attractive returns’ despite revenue woes

February 28, 2024
HEIT has predicted that it can generate “attractive returns” despite the ongoing woes in GB energy storage market revenues.
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UK BESS project premiums fall by 15%

October 25, 2023
UK battery energy storage system (BESS) project premiums have fallen 15% in the last few months, a source told our sister site Energy-Storage.news.
The two BESS projects total more than 80MW/160MWh. Image: Harmony Energy.

bp to provide power trading and optimisation for two Harmony Energy BESS assets

September 27, 2023
bp has signed an agreement with Harmony Energy Income Trust for physical power trading and optimisation services of two BESS.
Bussines graph growing up

‘Sophisticated strategies’ required as battery storage revenues drop by 71%

September 12, 2023
Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.

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