A decision by UK gas and electricity markets regulator Ofgem’s to classify energy storage as a subset of generation must be a “stopgap measure” until parliamentary time is found.
With many climate protection advocates as well as the industry itself calling on Europe’s lawmakers to recognise the importance of energy storage, a “significant slowdown” in 2019 is expected to be countered with a more positive outlook going forwards.
While we have avoided risking the spreading of false information or reacting too hastily to an ever-changing situation, here are some of the latest developments. This blog will be updated as and when new information or views arrive.
A number of projects have been announced in the past couple of weeks highlighting the link between the stationary energy storage space and electric cars – aka “batteries on wheels”.
Ireland’s DS3 is a “really interesting market” but there is a lack of clarity of what the enduring arrangements for procuring DS3 look like, says Statkraft Market’s head of UK energy storage, Nick Heyward.
Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
The UK energy storage is currently “in limbo” despite improvements to regulation made in recent years, according to panellists at the Energy Storage Summit.
The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.
Battery storage in continental Europe “is not working anymore” following the integration of the European market, according to Next Kraftwerke CEO Jochen Schwill.
Hydrogen and vehicle-to-grid (V2G) technologies are among those vying to be considered the next big innovation in energy storage, a panel of experts has concluded.
