EDF Energy has completed a 2MW trade of a Capacity Market obligation (CMO) with UK Power Reserve (UKPR) utilising a digital trading platform underpinned by blockchain technology.
Fluence says it has secured the single largest energy storage portfolio transaction for a technology provider announced in the UK to date after being selected by UK Power Reserve (UKPR) to deliver half of its battery storage portfolio.
UK Power Reserve has been bought by the Sembcorp energy group for £216 million in a surprise deal that will see the Singapore-based company take in over 1GW of additional capacity, including 120MW of under-development battery storage projects.