An increase of 20GWh of battery storage could reduce the amount of wasted wind power in Great Britain by 50%, according to new analysis from consultancy LCP.
Wind curtailments between Scotland and England are expected to cost consumers £1 billion (US$1.36 billion) per year by 2025, a figure that will continue to grow as the nation works towards the UK government’s 40MW by 2030 target. This figure highlights how “rapidly scaling up battery storage capacity is key” LCP said.
GB curtailed wind power on 75% of days in 2020, according to the consultancy, with over 3.6TWh of wind power being turned off in total, a figure mainly resulting from network constraints.
This analysis comes as LCP releases a new report into the investment opportunities of battery storage, which looked at a variety of different battery trading strategies and markets.
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
To read the full version of this story visit Current±.
Energy-Storage.news’ publisher Solar Media will be hosting the Energy Storage Summit 2021 in an exciting new format on 23-24 February and again on 3-4 March. See the website for more details.
