Storage

Global grid infrastructure and energy storage must step up to avoid delaying 2030 targets, a report by the International Renewable Energy Agency (IRENA) says.

Gresham House Energy Storage Fund (GRID) expects full year operational portfolio revenues of about £42 million, as December saw better dispatch rates of batteries in the balancing mechanism (BM).

Cubico Sustainable Investments (Cubico) will begin constructing its first battery storage project in the UK after signing agreements with Tesla.

We round up the NSIP projects already on the planning inspectorate’s radar that are set to progress in 2025.

Analysis from energy market analytics firm Aurora has shown that negative price periods in Britain were six times more frequent in 2024 than in 2022.

Harmony Energy Income Trust (HEIT) has announced that it has reached a new milestone in the sale of its entire UK portfolio.

Energy Optimisation Solutions (EOS), a developer backed by Quinbrook Infrastructure Partners, has submitted plans for a 100MW battery energy storage system (BESS) to be built at the Teesworks development on Teesside.

Renewable energy developer Voltis has submitted a screening request for a 500MW battery energy storage system (BESS) in Buckinghamshire.

Renewable energy company RES has secured council consent for a 49.9MW battery energy storage system (BESS) set to be developed in Moray, Scotland.

Trade association Solar Energy UK says it expects solar generation to “considerably exceed” the target set in the Clean Power 2030 Action Plan.