UK ROUNDUP: Large-scale BESS news from RWE, Quinbrook, E.On and more
This UK edition of news in brief features project news from RWE, Quinbrook, E.On, TagEnergy and Harmony Energy.
Long-duration energy storage: UK’s House of Lords tells government to ‘get on with it’ and act fast
The UK’s House of Lords Science and Technology Committee has said government must make “major decisions about future energy infrastructure”.
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.
UK’s Harmony Energy expects ‘attractive returns’ in 2024 as BESS trading conditions improve
London Stock Exchange-listed battery storage investment firm Harmony Energy Income Trust (HEIT) has predicted that it can generate “attractive returns” despite the ongoing woes in battery energy storage revenues in the GB market.
Italy: a market with unique opportunities as 71GWh MACSE capacity market auction approaches
Italy grid-scale energy storage market opportunities unlike anywhere else, but many challenges and uncertainties around the different revenue streams remain, including the upcoming MACSE capacity market auction.
Net Zero by Current±: The role of energy storage in net zero
In this episode, Net Zero by Current± is joined by Andy Colthorpe, editor of Energy-Storage.news to discuss the role of energy storage in net zero.
Sungrow ‘has no lithium-ion production plans at the moment’ while other China BESS providers move upstream
Sungrow tells Energy-Storage.news that it does not currently have plans to launch its own lithium-ion battery cell production for battery energy storage system (BESS) products, a route being taken by other China-based system integrators.
The reasons why investors are busy buying BESS developers in the UK and Germany
We hear from industry sources about why we’ve seen a flurry of investors acquiring energy storage developer-operators in the UK and Germany, Europe’s two largest markets by BESS deployments.
UK batteries, pumped hydro get 2.9GW of T-4 Capacity Market contracts at record price
The UK electricity system operator’s T-4 Capacity Market Auction (CMA) for delivery year 2027/28 cleared earlier this week (27 February) after two rounds at an “all-time high” clearing price of £65 (US$82.23)/kW/year.
Europe: Rising battery storage markets playing catch-up to the UK’s lead
Germany and Spain are among the energy storage markets of Europe that clients are most keen to learn more about, according to Wood Mackenzie analyst Anna Darmani.
