Exelon says utilities could spend up to $7 billion on 3.5 GW of regulated storage
On its 30 October earnings call Exelon put utility-owned storage at 1.5 GW to 3.5 GW, on top of a $1 billion, 500 MW project already proposed in New Jersey.
The Brief
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UK publishes Load Control Licence conditions, covering cyber security and fair exit
Published on 2 November, the conditions apply to load controllers and flexibility service providers ahead of the Load Control Licence Regulations 2027, to be laid before Parliament this year.
Longi unveils Hi-MO X12 back-contact modules up to 690 W with a conductive backsheet
Shown at All Energy Australia, the HPBC 2.0 series replaces soldered ribbons with metal foil circuits; Longi claims more than 15,000 fewer solder-joint failure points per module.
Gresham House Energy Storage Fund launches a formal sale process; shares jump 10%
The board of the London-listed battery owner, ticker GRID, asked its advisers to invite offers for all 569 million shares, a market value of nearly 600 million pounds.
Haiyang unit 5 gets first safety-related concrete, starting main construction of the CAP1000
The pour began on 31 October at the Shandong site, about 6,626 cubic metres over nearly 62 hours, for the fifth of six large pressurised water reactors planned there.
Who should own the battery? Exelon wants it in rates, Gresham House puts a fleet up for sale
Two announcements in two days show the same asset class pulled in opposite directions: a US utility seeking regulated ownership and a London-listed fund inviting a buyer.
AGL's 2 GWh Mount Britton battery enters federal environmental review
AGL referred its 500 MW / 2,000 MWh project near Nebo in Queensland under the EPBC Act, and ACEnergy referred its 250 MW Joel Joel battery in western Victoria.
UK approves Sea Link, a 2 GW undersea connection between Suffolk and Kent
National Grid's mostly offshore link was approved on 30 October alongside two large solar farms, taking nationally significant clean energy approvals since July 2024 to 39.
Five days earned 38% of Australia's grid battery revenue in October
NEMPulse estimates the NEM's 63 grid-scale batteries took AU$37.62 million in October, 97% of it from arbitrage, with 12 October alone worth AU$6.82 million.
UK writes tariff data rules for smart appliances into the Retail Energy Code
The Secretary of State modified the REC under the Energy Act 2023 for Tariff Interoperability Phase 1a; the change takes effect on 6 November ahead of a go-live on 18 February 2027.