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.
GridBeyond has announced that it will provide battery energy storage systems (BESS) to two data centres in Ireland owned by Singapore-listed Keppel DC REIT.
Power producer RWE has moved forward with proposals for a 350MW battery energy storage system (BESS) to be located next to its Pembroke Power Station in Wales.
Cumberland Council has granted planning permission for a 200MW/400MWh BESS project from developers Recurrent Energy and Windel Energy which, unless a new grid connection date is agreed, won’t start construction until 2029.
At the Renewable Energy Revenues Summit 2024, a panel praised National Grid ESO’s role in facilitating the market and suggested that third-party optimisation may not be commoditising as some had anticipated.