Enel backs UK energy storage market with first acquisition

James Murray
clock • 2 min read

Italian energy giant acquires construction-ready battery storage project and confirms plan to invest €20m in building Newcastle facility

Enel has become the latest major company to move into the UK's nascent energy storage market, hailing the country's position as one of the "most advanced markets in the world for utility-scale battery...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment

UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment

Partners launch UK's first instant-approval process for connecting Vehicle-to-Grid chargers, in bid to speed up rollout of technologies that turn electric vehicles into 'mini power stations'

clock 13 March 2026 • 2 min read
Report: Light-touch measures could save Britain £3.8bn in grid constraint costs

Report: Light-touch measures could save Britain £3.8bn in grid constraint costs

Britain can reduce need to 'turn down' wind farms even as more renewables come online without need for major infrastructure upheavals, LCD Delta research finds

Michael Holder
clock 10 March 2026 • 4 min read
Ambitious heat network rollout could save UK £161bn by 2050

Ambitious heat network rollout could save UK £161bn by 2050

District heating networks promise to cut generation costs and require less investment than individual air source heat pumps in every scenario tested by ADE Heat Networks

Stuart Stone
clock 25 February 2026 • 3 min read