Co-locating energy assets could provide ‘significant cost savings’

‘Sophisticated strategies’ required as battery storage revenues drop by 71%

Allocating the majority of battery storage volume into frequency response markets will no longer achieve the high returns historically enjoyed, stated LCP Delta. Image: Getty. Following a 71% decline in average profits for Britain’s battery storage market, a new report by LCP Delta has urged investors to consider more “sophisticated strategies” to increase revenue. According …

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A computer generated image of EDF

EDF Renewables secures planning approval for Essex battery storage project

Published: 8 Sep 2023, 15:59 A computer generated image of EDF’s proposed Braintree BESS. Image: EDF Renewables. EDF Renewables UK has won planning permission for a new grid-scale battery energy storage system (BESS) in Braintree, Essex.   The BESS will have an output of 57MW and is expected to begin construction in early 2024, becoming operational …

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Gresham House reveals 802MW pipeline as profits soar in 'milestone' year

Gresham House releases H1 2023 results amid financial strain for BESS operators

Published: 8 Sep 2023, 16:39 Glassenbury BESS. Image: Gresham House Battery energy storage fund Gresham House has released annual accounts for the first half of 2023, showing lower H1 2023 revenues and a drop in share value. In 2022, the company’s earnings before tax (EBITDA) was £48.8 million, “a like-for-like increase of 23.2%”, while the …

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GridBeyond aggregates behind-the-meter energy storage to access dynamic services

GridBeyond aggregates behind-the-meter energy storage to access dynamic services

Published: 7 Sep 2023, 11:52 According to GridBeyond, its strategy aims to “prove that behind-the-meter distributed storage can be an asset to the system while delivering significant value for our customers.” Image: Getty. GridBeyond has confirmed it will move forward with its strategy to bring distributed energy storage assets together as one resource to access …

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Computer generated image of a Clearstone BESS project. Image: Clearstone Energy

Clearstone Energy unveils 400MW BESS and 2.2GW pipeline

Published: 6 Sep 2023, 14:40 Computer generated image of a Clearstone BESS project. Image: Clearstone Energy Clearstone Energy is seeking planning consent for a new 400MW / 800MWh Battery Energy Storage System (BESS) project in Devon. The Junction 27 project in the South West of England is the first site in a UK BESS project …

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Solar to provide 40% of Sky studio’s annual energy requirements

Solar to provide 40% of Sky studio’s annual energy requirements

Published: 5 Sep 2023, 09:38 Solar panel array at Sky Elstree. Image: SSE Energy Solutions. A 3MW solar panel system newly installed on the rooftops of Sky Studios Elstree will supply at least 40% of the studios’ annual energy requirements. Installed on the film and TV studio complex by SSE Energy Solutions, the solar array …

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Ground-mount solar restrictions could cost consumers £5 billion

Ground-mount solar restrictions could cost consumers £5 billion

Published: 4 Sep 2023, 15:09 ECIU highlights the damaging effect Clause 48 could have on ground-mount solar in the UK if it passes. Image: Getty. New analysis from the Energy and Climate Intelligence Unit (ECIU) has found that putting further restrictions on ground-mount solar farms could cost UK bill payers up to £5 billion a …

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EDF given greenlight for 114MW battery asset near Norwich

EDF given greenlight for 114MW battery asset near Norwich

Published: 31 Aug 2023, 11:49 EDF given greenlight for 114MW battery asset near Norwich. Image: EDF Renewables. EDF Renewables UK has been given the green light to develop a 114MW battery energy storage system (BESS) near Norwich. The company, which is the UK renewable arm of French state-owned company EDF, received permission to develop the project …

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Government unveils allocation of full £500m Local Authority Delivery of Green Homes Grant

UK installed solar capacity sees highest increase since 2017

17 Oct – 19 Oct, 2023 • Birmingham, UK Solar & Storage Live is the UK’s most forward-thinking, challenging and exciting renewable energy exhibition, celebrating the technologies at the forefront of the transition to a greener, smarter, more decentralised energy system. With 250+ exhibitors, 200+ speakers and 15,000+ attendees registered over 3 days, it is …

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