The latest energy storage news in London
Germany: 2-hour battery storage revenues 60% higher than 1-hour
The changing revenue stack for battery storage in Germany. Image: Entrix. The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.. …
First Tesla Megapack BESS in New York City inaugurated
NineDot Energy''s battery storage system in the Bronx, New York City. Image: Ninedot Energy. The first battery energy storage system (BESS) in New York City using Tesla Megapacks, a 12MWh system in the Bronx by NineDot, has been inaugurated. Community-scale renewable energy project developer NineDoty Energy unveiled the …
Energy storage 2022: biggest projects, financing and offtake deals
Energy-Storage.news'' publisher Solar Media will host the eighth annual Energy Storage Summit EU in London, 22-23 February 2023. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place.
The Energy Storage Report 2024: Feature articles and technical papers for free download
Deep-dives on the latest big policy moves affecting storage in the UK, US and Germany Technical papers covering augmentation, energy density and an 800MWh BESS project case study in Italy Download the report here. A limited run of print copies will be
UK government publishes strategy for ''globally competitive battery supply chain''
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 21-22 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place.
Energy storage technologies | Grantham Institute – Climate Change and the Environment
A number of energy storage technologies are currently under development. At the Grantham Institute, we are working towards understanding how the costs and technical characteristics of a range of these technologies might develop over the next 15 years. We model how the most promising technologies ...
UK''s largest battery storage project at 640MWh gets …
InterGen''s storage project will become one of the largest in the world, topping the biggest single-site battery project currently, a. Construction of the DP Word London Gateway is expected to get under …
Battery storage firm Fluence slips back into loss in Q1 2024
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 20-21 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place. Visit the official site for …
Gore Street buys 57-MW storage project in England, to raise …
4 · Gore Street Energy Storage Fund plc (LON:GSF) today said it has acquired a 57-MW energy storage project in Leicester, England, which is ready to build and is expected …
Market reacts to falling BESS prices
We heard from system integrator, developer and EPC delegates at the Energy Storage Summit EU in London last month about the implications of falling BESS prices. As Energy-Storage.news reported last month, global prices for battery energy storage systems (BESS) have been on a downward trend since early 2023, having shot …
''Battery developers were biggest winners'' in UK''s T-1 Capacity Market auction last week
Battery energy storage system (BESS) assets got 8.58% of that total, with 655.16MW of bids successful, and pumped hydro energy storage (PHES) assets 2.43%, or 185.38MW. While that was therefore dwarfed by the 38.53% of capacity won by gas-fired generation (around 3GW) and 2.76GW won by nuclear (36.22%), battery storage was …
UK government looking at LDES-specific policy
The UK government is looking to bring in policy specifically around long-duration energy storage (LDES) by the end of next year. The move was discussed on the "Financial Returns on Long Duration Energy Storage" panel discussion on Day 2 of the Energy Storage Summit in London last month.
Italy has unique opportunities in energy storage
The panel discussion on Day 1 of the Energy Storage Summit EU in London last week. Image: Solar Media. Italy''s grid-scale energy storage market opportunities are unlike anywhere else, but many challenges and uncertainties around the different revenue streams remain, including the upcoming MACSE capacity market auction.
New energy storage technologies hold key to renewable …
The Long Duration Energy Storage Council, launched last year at COP26, reckons that, by 2040, LDES capacity needs to increase to between eight and 15 times its current level — taking it to 1.5-2 ...
UK energy storage deployments grew by record …
During 2022, the UK added 800MWh of new utility energy storage capacity, a record level and the start of what promises to be GWh additions out to 2030 and beyond. Regular insight and analysis of the …
UK''s National Grid ESO opens new platform to ...
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 20-21 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place. Visit the official site for …
Long-duration projects get US$40 million UK government funding
Energy-Storage.news publisher Solar Media will host the eighth annual Energy Storage Summit EU in London, 22-23 February 2023. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place. Visit the official site for …
G7 nations set 1500GW global energy storage target for 2030
The 1500GW target is double what BloombergNEF has forecast is scheduled to be online based on current deployment pipelines, as reported by Energy-Storage.news this week. Energy-Storage.news'' publisher Solar Media will host the 1st Energy Storage Summit Australia, on 21-22 May 2024 in Sydney, NSW. Featuring a …
"Game-changing" long-duration energy storage …
The four longer-duration energy storage demonstration projects will help to achieve the UK''s plan for net zero by balancing the intermittency of renewable energy, creating more options for sustainable, …
UK unveils long-duration energy storage (LDES) support scheme
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 20-21 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place.
Why 2020 was the UK''s ''Year of Battery Storage''
"The battery storage pipeline in the UK has reached over 14.5GW with around 1.2GW operational. The pipeline is continuing to grow as we see increasing number of projects of 50MW and larger," Lauren Cook told Energy-Storage.news in an interview.
As UK grid connection delays bite, National Grid commits to fast-tracking 10GW of BESS
Energy-Storage.news'' publisher Solar Media will host the 9th annual Energy Storage Summit EU in London, 21-22 February 2024. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy buyers and service providers all in one place.
Major investment in UK''s first commercial liquid air energy storage plant
Highview Power has secured a £300 million investment to build the UK''s first commercial-scale liquid air energy storage (LAES) plant. This funding comes from the UK Infrastructure Bank ...
Large-scale battery storage in the UK: Analysing the 16GW of projects in development
The UK is undoubtedly one of the hottest global markets for battery storage today and a considerable pipeline of projects exists. Analyst Mollie McCorkindale from Solar Media Market Research explains some of the methodologies to filter out the top 10 projects in development.
UK sees record-breaking submitted battery storage capacity under planning in Q2 2021
The pipeline for utility-scale battery storage in the UK has been continually increasing and is now over 20GW across more than 800 projects. A recent surge in submitted applications for battery storage has led to a record breaking quarterly submitted capacity for Q2''21.
Capacity Market contracts awarded to more than ...
The award of contracts to 1GW of battery storage was the "biggest news" to emerge from the latest round of Capacity Market auctions held in the UK, according to energy consultancy EnAppSys. Energy-Storage.news'' sister site Current± reported the full results earlier this week of the UK''s T-4 Capacity Market auction, awarding contracts ...
Energy storage developer eyes £350m valuation in London IPO
Electrical energy storage developer Superdielectrics is set to list in London in the coming weeks, in hopes of boosting its valuation to £350m.
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