The nation’s electricity system operator said it wanted more energy storage facilities and to procure new stability products following a big power outage last year. Some 12 months on, the country’s biggest battery storage company has rolled up its sleeves to take on a new role.
The asset manager has seen good returns on the 70 MW it has already acquired. Despite the U.K. government cutting subsidies for renewable energy, the fund manager believes the country will be a high growth market for storage.
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