Lord Redesdale: Idea of EVs as battery storage is “complete crap”
Energy Managers Association chief Rupert Redesdale has suggested the idea of electric vehicles acting as meaningful energy storage is “complete crap”.
Speaking at the EMA’s...
Demand-side response: Ørsted predicts higher revenues for energy flexibility
The value of flexibility is set to rise from 2018 as power markets become more volatile and imbalance charges double, according to Ørsted’s UK...
Battery storage company lands £50m to expand 60MW portfolio, seeks I&C firms
Battery Energy Storage Solutions (BESS) has raised a £50M equity investment by a group of investors led by New York based Tiger Infrastructure Partners.
The firm...
Mitie chief backs smart energy to help revive fortunes
Mitie chief executive Phil Bentley says the FM firm's smart energy platform is "gaining traction" with 13 bids won in the last six months.
The...
Eelpower commissions 10MW battery storage plant, plans 150MW
Eelpower has commissioned its 10MW Leverton battery storage facility near Lincoln. The firm has a 15-year capacity market contract starting 2020 and secured a...
Energy storage: RedT and Centrica connect 1MWh flow machines in Cornwall
Energy storage firm RedT has connected 1MWh of flow machines to the grid as part of its project with Centrica in North Cornwall.
The company...
Battery storage: Where’s the smart money?
Investors want to support battery storage, but there are significant challenges to negotiate. Brendan Coyne reports
As an enabler of greater renewables penetration, “storage is...
Government launches £7.75m domestic DSR competition
Government is inviting firms to bid for funding to develop demand-side response (DSR) at a household level.
Demand-side response will be enabled by smart meters...
Aggregate Industries first to use Open Energi’s new AI demand response platform
Aggregate Industries will be the first company to use Open Energi's new automated demand-side response platform. The aggregator claims it uses artificial intelligence (AI) to...
Centrica acquires demand-side response aggregator Restore for £62m
Centrica has acquired demand-side response aggregator Restore for £62m.
The move comes as other energy companies look to partner with or acquire aggregators, with some...
National Grid confirms cull of frequency response products
National Grid has confirmed it will no longer actively procure a range of balancing products in their current formats.
The System Operator is undertaking a...
NEC Energy Solutions appoints new CEO, eyes fifteen-fold energy storage growth
Energy storage giant, NEC Energy Solutions, has appointed Steve Fludder as CEO .
Fludder, a one-time global sales and marketing boss at Samsung Engineering and...
Aurora: Battery storage, DSR and peaking plant to hit 25GW
Consultancy Aurora predicts 10% year-on-year growth of flexible generation, taking installed capacity to more than 25GW by 2030.
While there are risks to that forecast,...
Battery storage report: Risks, rewards and business cases
Businesses surveyed by The Energyst have significant appetite for battery storage, but revenue visibility and regulatory uncertainty are investment barriers.
Half of firms surveyed said...
Solar and storage must bow to grid king
Solar and storage could be the next bull market. But only projects with sufficient import-export capacity make economic sense. Hugh Taylor, of grid rights...
Open Energi wins Severn Trent DSR tender
Severn Trent has awarded aggregator Open Energi a contract to help balance the grid by using its flexible load in demand-side response (DSR) programmes.
Under...
Utilitywise strategy chief Jon Ferris joins energy blockchain firm Electron
Jon Ferris has left Utilitywise to join blockchain energy firm Electron.
Ferris joined EIC 12 years ago, which Utilitywise acquired in 2013. Initially a risk...
Kiwi Power to build 4MW battery storage facility in South Wales
Kiwi Power is to build a 4MW battery storage unit at Cenin Renewables' Bridgend site in South Wales.
The 4MW battery will sit within Cenin’s...
Ofgem confirms it faces judicial review over Triad cuts
Ofgem has confirmed that it faces a legal challenge to its decision to cut payments to smaller power generators that export during peak demand...
Carmakers become power aggregators as DNOs fear overnight EVs boom
Car manufacturers are starting to become aggregators of flexibility, helping grid operators balance the power system by using car batteries and smart charging systems.
But...