Diversification has always been a guiding principle of the strategy adopted by Gore Street Energy Storage Fund (GSF) and Gore Street Capital (GSC) as its Investment Manager. The fluctuations in value available within Great Britain (GB) since commissioning of GSF’s first asset in 2017 has driven GSC to lower its exposure to volatility in a single market by pursuing opportunities in other locations.
Our Blogs
- Energy Storage
What’s going wrong for energy storage in the Balancing Mechanism?
For energy storage operators in Great Britain (GB) facing a squeeze in available returns from ancillary services, the Balancing Mechanism (BM) represents a key market for potential revenue.
- Team
Gore Street Capital: meet the Commercial Team
Since its beginnings in 2015, Gore Street Capital (GSC) has been dedicated to playing a material role in the low carbon energy transition. Its founding members chose energy storage to achieve this due to the technology’s inherent ability to integrate renewable generation across global energy grid systems. GSC went on to launch London’s first listed fund dedicated to the technology asset class, establishing energy storage as an investible proposition.
- Green Energy
Driving innovation through the CleanTech Challenge
2023 has marked the beginning of a new long-term relationship between Gore Street Capital (GSC) and the CleanTech Challenge, a business pitch competition hosted by the London Business School (LBS) and University College London (UCL).
- Energy Storage
California calling as US expansion continues
Gore Street was founded with the express goal of making a material impact in the deployment of renewable energy to accelerate the transition to a more sustainable world. Our investment team is constantly seeking out ever-increasing opportunities to secure projects able to deliver a sizeable benefit to the grid systems in which they operate....
- Green Energy
Tackling climate volatility in the Texas market
Texas has become a volatile market in recent years due largely to the extreme weather events that are increasingly taking place on a regular basis due to climate change. The winter storms of February 2021, which left 246 people dead, laid bare weaknesses in the state’s grid system, operated by the Electric Reliability Council of Texas (ERCOT). Over 52 GW of capacity was lost from the grid, led by outages at gas-fired power plants, as frozen systems failed across the state.
- Energy Storage
Autumn Statement delivers clarity for energy storage
While 2022 will undoubtedly be remembered for global geopolitical and economic instability, it also represents one of the most turbulent years for the energy sector. Russia’s invasion of Ukraine in February continues to cause international disruption to energy supplies, contributing to a cost-of-living crisis in which soaring energy bills have played a direct part.
- Renewables Investments
How EU regulation is pushing recycling to the forefront
Despite being such a young industry, the energy storage market is expected to face overwhelming demand in the coming years as electric vehicles and stationary systems surge. This places considerable pressure on the industry to establish end-of-life disposal and, more importantly, recycling capabilities.
- Green Energy
A just and equal approach to climate action
It has become increasingly clear that the issues of climate change and social inequality are inextricably linked. As the effects of climate change accelerate, it is the poorest portions of the global population that will be most keenly and catastrophically affected.
- Energy Storage
The IPCC is clearer than ever on the speed with which we need address climate change
Like the two documents that preceded it, the latest report from the Intergovernmental Panel on Climate Change (IPCC) – which outlines what the world needs to …
- Team
Conversations with Alex O’Cinneide
To paraphrase Professor R. Edward Freeman, entrepreneurs don’t just start businesses to make money, they start businesses because they are on fire about an idea. …
- Energy Storage
Pushing energy storage further
Energy storage remains an emerging asset class in the UK with its ability to help keep the lights on continuing to be proven. It’s historically …
- Team
Why inclusion and diversity are good for business
8 March is International Women’s Day. This year we look at the reasons why having an inclusive workplace contributes to businesses’ innovation and profitability. …
- Energy Storage
The German move away from gas
Germany, the biggest economy in the EU, has suspended the Nord Stream 2 pipeline. These are the twin 1,224-kilometre pipelines, each of which has the …
- Energy Storage
Being smart about energy storage
As we’ve explored in recent weeks, energy storage can deliver a host of benefits to renewable energy asset owners and grid operators. Successful operation of …
- Energy Storage
Standalone storage continues to hit the right frequency
While energy storage can play a pivotal role in supporting renewable energy developments around the world, it has also emerged as a key standalone asset …
- Energy Storage
Moving past baseload
Detractors of renewable generation have always pointed to a lack of reliability as a key reason to keep fossil fuels dominant. Traditional generators, like gas …
- Energy Storage
Texas’s 2021 Winter Storms
As extreme weather events grow in frequency, legacy energy infrastructure is being tested like never before. We saw this in February 2021, when Winter Storm …
- Energy Storage
Keep The Lights On
As complex as the modern energy system can get, the ultimate goal of system operators remains the same: keep the lights on. When the transmission …
- Energy Storage
Public-Private Partnership – an agenda for COP 26
COP 26 marks the sixth anniversary of the 2015 Paris Agreement, and coincidentally, six years since the inception of Gore Street Capital Limited (GSC), the …