UK renewables and battery developer Anesco has warned that the looming de-rating of battery storage in the Capacity Market risks scaring investors away from the technology.
Centrica has revealed plans to build a single 100MW battery energy storage system in Ireland for delivery by 2022 to take advantage of capacity market and grid services opportunities currently under development.
Citing significant developments in the fields of decentralised generators, smart meters and big data, Ofgem has launched a consultation which could bring about the end of the conventional ‘supplier hub’ model in the UK.
What is thought to be the largest operating containerised vanadium redox flow machine system in the UK has been connected to the grid by redT energy, with the 1MWh project becoming the first to sign up to a local energy market being set up by Centrica.
Innogy is doubling down on its vision for growth in decentralised generation and new grid infrastructure as it prepares to “rigorously implement” its new strategy.
Blockchain has received the backing of a powerful coalition of energy companies and trading houses who have announced plans to create and invest in a new venture develop a blockchain-based digital platform for energy commodities trading.
National Grid’s UK power transmission profits slid more than 20% in the first half of its 2017/18 financial year, with the system operator (SO) continuing to prepare for its changing role in the power market.
Open Energi has launched its new Dynamic Demand 2.0 platform, capable of helping businesses shift demand by connecting an increased array of on-site equipment.
The Department of Business, Energy and Industrial Strategy (BEIS) has refused to provide any clarity over when a decision on the potential derating of energy storage assets within the capacity market (CM) will be made despite a senior policy advisor stating the judgement is “imminent”.