T-1. In the UK, the market is making a notable addition of near term energy storage with 627MW selected for the 1-year auction. This is happening on the front of nearly 1,000 storage executives coming together in London for the Energy Storage Summit. The UK power market looks very similar to the ERCOT market, which makes sense considering they’re both islanded grids. Fast response, collocation with existing and new power generation and stacking multiple revenue streams will be the norm. For those of you at the Summit, I look forward to seeing you there.
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Opinion
Best, Yann