capacity market

Quinbrook Infrastructure Partners has announced the close of debt financing for the Cleve Hill solar and battery storage project.

The National Energy System Operator (NESO) has released the provisional T-4 Capacity Market Auction results for delivery in 2028/2029.

The National Energy System Operator (NESO) has released its provisional auction results for the one-year ahead capacity auction (T-1).

Gresham House, the largest owner of battery energy storage system (BESS) assets in the UK, has said it sees tolling deals like the one agreed with Octopus being possible “across the optimiser market”.

National Grid ESO is re-assessing the methodology used to calculate de-rating factors for energy storage, with project operators saying it currently undervalues the technology.

The Energy Storage Summit EU 2024 heard praise for the UK BESS industry’s approach to “perhaps the most complex energy asset to optimise” from a market perspective.

BESS were awarded 655.16MW in the T-1 Capacity Market Auction for delivery year 2024/25 which cleared yesterday (20 February) at £35.79/kW/year.

Solar Power Portal caught up with Virmati’s founder Amit Gudka to discuss the energy transition, the growing need for battery storage and going back to the beginning of a start-up.

Lauren Cook, analyst at Solar Media Market Research, analyses the current status of the UK and Ireland energy storage markets, detailing where there are similarities and differences in how the markets have developed, along with future opportunities.

The pipeline of energy storage projects now established in the Republic of Ireland has reached 2.1GW, with an additional 330MW of projects located in Northern Ireland, according to the first release of the Solar Media’s new Republic of Ireland Storage Project Database Report.