Page 6 - Dynamic Containment News Today

By: Andy Colthorpe Software is rapidly becoming recognised as key to the value proposition and bankability of energy storage, which in turn lies at the heart of the energy transition. Andy Colthorpe speaks to three providers of software aimed at the energy storage industry. The full version of this article appeared in Volume 26 of the quarterly technical journal, PV Tech Power. Subscribe to the journal or buy individual issues here.  If energy storage is the great enabler of the clean energy...

Gore Street is proposing an issue of new ordinary shares to raise capital that will go towards completion of a near-term acquisition of an 80MW energy storage project. Proceeds will be deployed in relation to accelerating development of the Companys existing portfolio, including the expansion of its battery storage projects in the Republic of Ireland from 30MW to 90MW. Gore Street has a 1.3GW pipeline and the capital raised will be invested in the pipeline. Gore Street is proposing an issue of ...

Image: Gore Street Energy Storage Fund. Gore Street Energy Storage Fund’s two 50MW battery assets in Northern Ireland are in the final stages of construction and testing, the company announced. In addition to the two 50MW assets, Gore Street has also secured the grid connection rights to increase the capacity of its Porterstown Republic of Ireland site from 30MW to 90MW, although this increase is not include in its NAV update. The fund has also secured a Capacity Market contract for three of ...

Published: 3 Mar 2021, 14:04 By: Reporter, Solar Media The merits of co-located battery storage sites - such as this solar-plus-storage site originally developed by Anesco and now owned by GRIDSERVE - were debated during this years Energy Storage Summit. Image: Anesco Co-located battery storage’s ability to help mitigate risk and counter renewable yield compression has been hailed as a “fantastic opportunity” by renewables investor Bluefield Partners’ investment director Ja...

Published: 24 Feb 2021, 06:15 By: Andy Colthorpe Trina Storages main range will include liquid cooling technology. Image: Trina Storage promotional video screenshot. Update 2 March 2021: A Trina Storage representative contacted Energy-Storage.news to highlight that while the company is building out production capacity for lithium iron phosphate (LFP) battery cells for stationary energy storage, the major focus of the newly-launched division is on providing full integrated battery ...

Published: 24 Feb 2021, 13:54 By: Edith Hancock EelPower secured an optimisation deal with EDF this month to oversee revenue streams for three battery energy storage systems in the UK totalling 80MW. Image: EelPower Although there is growing interest within the energy storage industry around the National Grid’s Dynamic Containment (DC) system, operators who tap into it must be careful not to neglect other revenue streams, a panel of industry experts heard this week. Ancillary se...

Published: 23 Feb 2021, 16:35 By: Reporter, Solar Media Panelists at this years Energy Storage Summit discussed the requirements of the Dynamic Containment service. Image: Solar Media The benefits – and remaining challenges – of the UK’s new frequency response service Dynamic Containment (DC) were discussed at today’s Energy Storage Summit by a panel of experts and industry stakeholders. The sub-second, post-fault response service was first soft-launched in October 2020 and...

Published: 23 Feb 2021, 16:20 By: Deputy Editor Gresham House Energy Storage Funds Wickham Market battery is one of just 400MW of storage currently playing into Dynamic Containment. Image: Gresham House. Batteries are uniquely placed to enter multiple revenue markets, with the wholesale market becoming increasingly interesting. In this morning’s Energy Storage Summit 2021 keynote discussion, What is the key for really making money from batteries?, the panel talked through the n...

By: Andy Colthorpe Last year, the UK’s energy storage industry overcame many of its early challenges and became more comfortable with the point where technical capabilities and market opportunities intersect, according to Tony Gannon, head of project management at Scottish Power. Gannon spoke yesterday at a webinar hosted by Solar Media Market Research, on ‘Trends and opportunities in UK and Ireland battery storage,’ where analyst Lauren Cook offered some key statistics and insights into...

Colocating battery energy storage systems alongside renewables projects will be ‘critical’ to energy networks in the future, and could help level up debt financing.