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UK: Trading drives revenue growth for battery storage in October

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth.

United kingdomWendel hortopFirm frequency responseModo energy

UK: High BM skip rate for BESS bemoaned as H1 revenues crash

Concern has been raised by the industry about battery storage being overlooked in the UK Balancing Mechanism, with H1 revenues down.

United statesUnited kingdomShaniyaa holness mckenzieModo energyNational grid control roomFirm frequency responseNational gridControl roomDispatch transparencyRevenue benchmark

UK FFR prices fall to three-year low as saturation starts to bite

Firm Frequency Response prices in the UK have hit their lowest level since 2019 as the market saturation begins to take effect, said Modo.

United kingdomUnited statesModo robyn lucasShaniyaa holness mckenzieFirm frequency responseModo energyGore streetLower roadFrequency responseElectricity forward agreementDynamic containmentDynamic moderationDynamic regulationEnhanced frequency responseRobyn lucasAlex done

UK BESS investor Gore Street reports strong financials despite macroeconomic headwinds

Despite macroeconomic challenges, Gore Street’s asset value surged 45% over six months as ancillary service revenues stayed strong.

United kingdomUnited statesAlex ocinneideEnergy storage fundFirm frequency responseGore street capitalGore streetUnited kingdom headquarteredGore street energy storage fundAlexo cinneideDynamic containmentCapacity market

Despite macroeconomic challenges strong ancillary service revenues boost Gore Street financials

Despite macroeconomic challenges, Gore Street’s asset value surged 45% over the six months from 31 March 2022, as ancillary service revenues stayed strong.

United kingdomUnited statesPatrick coxAlex ocinneideFirm frequency responseGore streetGore street capitalDynamic containment

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