Drax has appointed global technology and engineering firm Voith Hydro to move its plans forward for its proposed 600MW underground pumped hydro energy storage (PHES) project in Scotland.
Co-location accounts for 20% of projected energy storage capacity growth in the UK and Ireland, with the total planned capacity for projects in the UK at 85GW/175GWh, says Mollie McCorkindale of Solar Media Market Research.
On the fifth anniversary of the UK legislative net zero commitment (27 July), the Mission Zero Coalition published its report At a Crossroads: Pathways to a Net Zero Future.
Harmony Energy Income Trust (HEIT), a leading battery energy storage system (BESS) investment firm, has released its interim results for the six months to April 30 2024.
Utilities have a ‘slightly different logic’ on trading BESS than optimisation firms when it comes to composition and internal synergies, Octopus Energy said after a recent deal to manage a large BESS portfolio.