Renewables developer Anesco has set its sights on bringing up to 380MW of battery storage to market by 2020.
National Grid has unveiled plans to reform its grid balancing services, including a new frequency response product to be unveiled next year.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by National Grid.
A new joint venture has been established to fund early stage energy storage and renewable energy projects in the UK, beginning with two of the winning projects from National Grid’s Enhanced Frequency Response (EFR) tender.
Listed funds in the UK which own a significant portion of the country’s utility-scale solar PV assets are not currently convinced by battery storage’s feasibility, but remain primed to deploy the technology at scale when the time is right.