Gresham House Energy Storage Fund has stated that the UK market is suffering from a “weak revenue environment” due to assets not being able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability.
Spanish utility Iberdrola has commissioned a battery energy storage system (BESS) in Ireland that will contribute to grid security as more renewables come online.
Quinbrook Infrastructure Partners has gained project development rights for its 230MW/460MWh battery energy storage system (BESS) at former Uskmouth coal fired power station.
Mitsubishi Power has announced four battery energy storage system (BESS) projects in the Republic of Ireland, marking its first step into the European energy storage market.