Utility Octopus Energy has grown its virtual power plant (VPP) portfolio to over 1.5GW with the addition of over 500MW of Gresham House Energy Storage Fund's BESS via a two-year fixed-price tolling deal.
We hear from UK battery storage developer-operators on the government's recently released long-duration energy storage (LDES) consultation, which has proposed a cap and floor scheme to kickstart investment.
Market analytics platform Modo Energy has said that Firm Frequency Response (FFR) auction prices in the UK have reached its lowest level since 2019 as a result of market saturation.
