Investors are increasingly turning attention to the Balancing Mechanism and Capacity Market for future long-duration battery storage revenue streams, with new research from LCP suggesting batteries can play a larger role in both.
Scottish and Southern Electricity Networks (SSEN) Distribution is expecting there to be nearly 6 million electric vehicles (EVs) in its two distribution areas by 2050.
Renewable energy consultancy and service provider Natural Power has been appointed to support Zenobē’s 100MW Capenhurst battery energy storage project.
KrakenFlex, the energy flexibility arm of Octopus Energy Group, has partnered renewable energy solutions provider Hydro REIN for several projects across Europe and North America.
GridBeyond is to develop a pipeline of behind the meter battery storage projects across the UK and Ireland, thanks to a project financing facility from Triodos Energy Transition Europe Fund.
Zenobē has signed a electric transportation as a service (ETaaS) deal with National Express, which will include the provision of electric vehicle (EV) charging.