Gore Street Capital, one of two stock market-listed battery storage developer-investor funds in the UK, is seeing its revenues for providing frequency response ancillary services hit record highs.
Gore Street Energy Storage Fund PLC (LSE:GSF), the energy storage fund, said prices for its services are hitting record levels. In a trading update, the.
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 transition, then software is the great enabler of energy storage. A lot of discussion rightly focuses on hardware: the types, sizes and quality of batteries, the right configurations of power conversion equipment and so on. Yet it is software that drives the systems to deliver their optimal value and allows both the machines themselves and the humans operating them to make the right decisions.
Author: Alex Done, lead data scientist and market analyst, Modo Energy
Alex Done, lead data scientist and market analyst for energy transition specialists Modo Energy explained the newest ancillary services opportunity to open up on the UK grid, why network provider National Grid decided to launch it and what might lie ahead for electricity network services and grid balancing as the transition to low carbon energy sources speeds up.
Cover Image: 8minute Solar Energy s Eland Solar & Storage Center, 70 miles north of Los Angeles, on track for completion in 2023 and the subject of a fascinating blog in March from Apricum into why the project s power purchase agreement (PPA) came in at such a low price. Image: 8minute Solar Energy.