Battery energy storage wholesale trading revenues rose by 45% from September to October this year, reaching their highest level since December 2022, revealed Modo Energy.
GridBeyond is set to 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.
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.
In the latest issue of Current± Price Watch series – powered by LCP Enact – we take a look back over the last month in power prices, including strong battery energy storage revenues and Britain’s role as an exporter.
The optimal revenue mix for battery energy storage is made up predominantly of grid balancing services, Gore Street Energy Storage Fund has said as it reiterates its commitment to one hour systems.
Gresham House Energy Storage Fund has partnered with Origami and Habitat Energy to enable 50MW of battery energy storage systems (BESS) to participate in Dynamic Containment (DC) and wholesale markets.