Listed funds in the UK which own a significant portion of the country’s utility-scale solar PV assets are not currently convinced by battery storage’s feasibility, but remain primed to deploy the technology at scale when the time is right.
While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.
Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid.
Preparations are now gathering pace as the UK’s solar and clean energy industries prepare to meet at this year’s Solar Energy UK | Clean Energy Live conference, held at the NEC in Birmingham.
A wide-ranging report from UK politicians into the country’s energy system has found that policy has moved at “glacial pace” to adapt to energy storage technologies and urged for faster action.
The Clean Energy and Solar Power Portal Awards sponsored by Trina Solar, an annual celebration of the PV industry from Energy-Storage.News’ UK-based publisher, Solar Media, will include commercial-scale energy storage as a category for the first time this October.
While parallels are often drawn between the solar and storage industries, financing energy storage projects is a lot more complex than simply “transposing” learnings from solar to batteries.
Updated: A list of 100 influential companies quickly making their mark on the energy storage market in the UK and beyond is available for download, after its unveiling at the Energy Storage Summit at Twickenham Stadium.
Ahead of the Energy Storage Summit in London on Thursday, our publisher sets the scene for the UK clean energy landscape with this quick video explainer.
The trial of a 6MW/10MWh ‘Big Battery’ has proven energy storage can help Britain’s electricity network, but the next crucial phase is to assess the business case, the grid operator which commissioned it has said.