With the UK’s Renewables Obligation now closed for large solar projects, energy storage takes the position of the most active sector in the UK energy market. As with any new technology, we have seen a lot of build up over the past few years, with much speculation about when the utility-scale market will take off, and how big it will be. Analyst Lauren Cook takes a deep dive.
Sami Khoreibi, CEO of renewable energy project developer Enviromena, discusses storage in the Middle East and Africa’s energy market in the next decade.
Florian Mayr, partner at Apricum – The Cleantech Advisory, reflects on knowledge gained in energy storage’s rapidly growing markets and offers his five key ingredients for success.
UK distribution network operator Western Power Distribution (WPD) has launched a consultation seeking views on the potential growth of energy storage on its distribution network after receiving an ‘unprecedented’ 8GW of applications in the last 18 months.
With a surprise general election coming in June for Britain’s ballot-weary voters, Ian Larive of Low Carbon looks at the possibility of political flux interrupting the industry’s momentum – and why whichever party is victorious, they should back energy storage.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK’s transmission system operator National Grid.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
