Battery storage revenues drop by 71%
LCP Delta has urged investors to consider more “sophisticated strategies” as average profits for Britain’s battery storage market see a 71% decline.
‘Sophisticated strategies’ required as battery storage revenues drop by 71%
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.
“Sophisticated strategies” required as battery storage revenues drop by 71%
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.
KKR’s US$748 million investment in UK’s Zenobē Energy confirmed
Confirming reports made earlier this week, UK battery storage developer Zenobē Energy has secured c.£600 million from investment firm KKR.
GridBeyond aggregates behind-the-meter energy storage to access dynamic services
GridBeyond has confirmed it will move forward with its strategy to bring distributed energy storage assets together as one resource to access to National Grid Electricity System Operator’s (ESO) suite of dynamic services.
EU Batteries Regulation introduces ‘ground-breaking reform’ to meet Green Deal aims
New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.
EU Batteries Regulation introduces ‘ground-breaking reform’ to to meet Green Deal aims
New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.
UK BESS revenues jump 53% in one month, Modo Energy says
UK-based energy industry data platform company Modo Energy’s monthly Revenue Benchmark has found that battery energy storage revenues in the country increased by 53% between June and July.
EU project addresses interoperability, standardisation of distributed energy storage
Enel has revealed the role its digital and distributed technology arm is playing in a European Union-funded project to simplify integration of energy storage systems.
Eneco to commission 200MWh BESS project in Belgium in 2024, calls for more from Dutch government
Dutch utility Eneco is planning a 50MW/200MWh battery storage project in Belgium for commissioning next year, and called for more policy action on storage from its own government in the Netherlands.
