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Gresham House Energy Storage Fund along with leading flexible energy business Flexitricity has confirmed that the largest battery in the UK is now in operation. The 75MWh energy storage facility in South Yorkshire is being overseen by Flexitricity for revenue generation and supporting National Grid with balancing overall energy supply and demand levels. The new battery went into operation in the Balancing Mechanism (BM) Reserve from...
Gresham House Energy Storage (GRID) is planning to make alterations to its investment policy to enable it to invest in additional energy storage systems (ESS) that are yet to be constructed. Gresham House believes the pandemic has created what they refer to as an ‘inflection point’ for the industry. The premium rated energy infrastructure trust has released plans to increase the volume of battery assets it holds within its...
Barriers have been removed allowing for battery storage projects five times the size as the current limit in Britain, in a move hailed as a “significant, positive and well-timed” step. Secondary legislation was passed by ministers today (14 July) that will allow for projects above 50MW in England and 350MW in Wales. The move could triple the number of battery storage projects on the grid according to the Department of...
One of Britain’s biggest battery companies has secured a loan to help increase the UK’s electric bus fleet by taking ownership of the batteries inside scores of UK buses. Zenobe  Energy  has secured a £20m loan from NatWest to finance enough batteries to power about 100 electric buses owned by private transport firms and councils around the UK. The energy storage experts will own the bus batteries and lease...
UK energy storage innovation firm Highview Power, has been awarded £10 million by the UK Department for Business, Energy & Industrial Strategy (BEIS) for a 50MW cryogenic energy storage facility, just outside of Manchester. The company has entered into a joint venture with Carlton Power, a UK independent power station developer, to build and operate the facility located in Carrington Village, which is expected to enter...
  A significant number of large energy storage projects are in the pipeline for the UK and the Republic of Ireland.   Over the last few years, the UK has experienced a considerable rise in new applications for battery storage driven by the rise in renewables and the DS3 scheme, introduced to enable the grid to integrate with non-synchronous energy production from renewables. As a result, battery storage in the UK has...