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Energy and Utilities Update

Changes to Capacity Market to remove barriers for demand side response and energy storage

The government ran a consultation between 3 February to 3 March 2020 on proposals for future improvements to the Capacity Market. In a decision published on 20 May, the government confirmed that it will proceed with the majority of the proposals put forward in the consultation document.

Flexitricity to trade 75 MWh Battery for Gresham House

Flexible energy specialist Flexitricity has partnered with Gresham House Energy Fund, a fund which owns a portfolio of utility-scale operational energy storage systems, to trade flexibility from its largest battery storage scheme, a 75 MWh battery based in Thurcroft.

Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.