storage

A local planning committee for Swale Borough Council has refused the battery storage application for the 373MW Cleve Hill Solar Park.

“Battery storage is going to be an extremely important part of net zero,” says Nick Winser, the UK’s electricity networks commissioner, at Solar Media’s Energy Storage Summit EU 2024.

Bluefield Solar Income Fund’s NAV per share decreased by just under 3% at 31 December 2023, as the company navigated restricting capital market conditions.

Masdar Arlington Energy and RPC progress their UK-based battery energy storage system (BESS) pipelines totalling 112MW.

HEIT has predicted that it can generate “attractive returns” despite the ongoing woes in GB energy storage market revenues.

Almost 1,000MW of new-build battery assets were successful in the T-4 Capacity Market Auction for delivery year 2027/28, which cleared yesterday (27 February) at an “all-time high” clearing price of £65/kW/year.

Bobby Smith, president of the representative group Energy Storage Ireland, sits down at Energy Storage Summit 2024 to discuss the past, present and future of energy storage for the country.

Speaking at this year’s Energy Storage Summit EU, Semih Oztreves, director of network infrastructure at battery energy storage system (BESS) developer-operator Zenobē identified that the “sweet spot” for a UK BESS project lays “somewhere probably between 200-500MW.”

New data from Aurora Energy Research has estimated a sevenfold increase in large-scale battery energy storage system (BESS) capacity across Europe.

Harmony Energy successfully bid six battery energy storage system projects in the latest T-1 Capacity Market auction for delivery years 2024/25, increasing its revenue for this period to £3.2 million.