Technology platform GridBeyond has launched a new energy trading and hedging service to support businesses navigate high cost and manage energy market volatility.
The UK’s energy storage owners and operators must be “ruthlessly entrepreneurial” to navigate current Energy Market Reform conversations and prepare for the rapid growth expected in the near future.
GrdiBeyond has agreed a debt financing facility of £5.28 million (€6 million) led by Claret Capital, to continue its international expansion and provide smart energy solutions.
Stacking value and optimisation could be a crucial component in maintaining attractive investment opportunities in battery energy storage, says new GridBeyond and Thrive Renewables paper.
In this weeks Current± Price Watch series – powered by LCP Enact – we take a look at how Britain is eyeing power prices over winter and how the imbalance price has fared over the first half of 2022.
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.