Octopus Energy and Gresham House Energy Storage Fund sign largest battery-leasing deal, connecting over 50% of large-scale batteries to Octopus' Kraken platform to potentially reduce UK energy curtailment costs.
Octopus Energy Group and Gresham House Energy Storage Fund have signed the world's largest battery-leasing deal. The agreement will connect over 50% of GRID's large-scale batteries to Octopus' technology platform Kraken, potentially reducing UK energy curtailment costs, which amounted to £800m in 2022. This deal aims to provide a more effective and efficient grid, driving down energy costs for all.
June 05, 2024
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