revenues

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.

LCP Delta has urged investors to consider more “sophisticated strategies” as average profits for Britain’s battery storage market see a 71% decline.

“I suspect there will be a similar scheme to triads implemented next year. The National Grid will look at responses from clients and utilities as to how they should shape and form the next scheme,” said Barry Hurst, head of sales UK and Ireland at the latest Current± Briefings webinar.

Netherlands-headquartered smart energy management tech company Alfen has raised its revenue guidance for 2022 on the back of a strong half-year’s performance to date.

​Good Energy has seen its gross profit increase by 19.4% during the first six months of 2021, growing to £17.7 million.

​Energy supplier Bulb has become the fastest growing company in Europe according to the Financial Times (FT).

​Gore Street Energy Storage Fund is the latest to begin participating in National Grid ESO’s Dynamic Containment service.