bess revenues

UK battery energy storage system (BESS) project premiums have fallen 15% in the last few months, a source told our sister site Energy-Storage.news.

bp has signed an agreement with Harmony Energy Income Trust for physical power trading and optimisation services of two BESS.

Following the 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue.