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05 June 2024

Battery tolling agreements: How do they work?

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Battery tolling agreements: How do they work?

On June 5th, Gresham House and Octopus Energy announced the agreement of a two-year tolling contract for 568 MW/920 MWh of battery energy storage capacity, the first such deal ever agreed upon in the GB market. The agreement provides a guaranteed revenue return on the assets to the Gresham House Energy Storage Fund.

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