The project has already won a four-year contract to provide balancing services through National Grid’s enhance frequency response (EFR) tender.
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Battery storage capacity is set to grow by up to 100-fold between now and 2020 as developers come to terms with sudden and steep cuts to renewable subsidies, according to the consultancy firm.
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BEIS’ head of energy storage Rachel Cooper said at a Navigant storage event that the prices awarded in National Grid’s EFR contracts earlier this month were “lower perhaps than we were expecting to see” and added it remains to be seen “whether they are profitable or not.”
BEIS: current EFR contracts may not be profitable Read More »
BEIS did not follow the correct procedure when putting forward plans to lower the de-rating factors for some batteries, according to consultancy firm Cornwall Insight.
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