capacity market

Battery storage developers in the UK are facing uncertainty over their prospective revenue stacks as the Capacity Market was placed in an indefinite “standstill period”.

Arlington Energy has announced plans to build out a 1GW portfolio of energy storage and gas peaker projects across the UK after securing initial funding of £200 million from an offshore fund of institutional investment.

Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.

Food wholesaler Philip Dennis Foodservice has installed energy storage units totalling over 4MW at its Barnstaple offices in an effort to generate revenue from grid services, rather than making savings from behind-the-meter activity.

Solar farms could be able to compete for contracts in the Capacity Market as early as winter 2019/20 if new government proposals, launched yesterday, are approved.

​Halfway through 2018 and large-scale battery storage in the UK has reached over 450MW installed capacity, with around 250MW being completed this year alone. Solar Media Market Research analyst Lauren Cook looks back at how we got here, and what we can learn from the rapidly growing large-scale pipeline.

Energy UK, the domestic energy industry trade body, has urged the government to reinstate Contracts for Difference (CfDs) auctions for established low carbon technologies like solar PV.

The economics of solar-and-storage in the UK are being proven, Anesco has said.

Green Hedge, a UK renewable energy developer that has diversified into battery energy storage systems, has had an application for a 40MW project approved by local authorities in Derbyshire.

Energy market regulator Ofgem has confirmed that it is to enact drastic cuts to embedded benefits from 1 April 2018.