A proposed network of high speed electric vehicle chargers and large-scale batteries connected directly to the UK’s transmission network has been unveiled to offer a new business model to the country’s energy storage market.
The latest auction for the UK’s Capacity Market cleared at a record low price at the end of last week as battery storage projects seemingly struggled to compete.
Major solar investor Foresight Group has more UK battery storage projects firmly its crosshairs and could branch out into both C&I and co-located projects in the near future.
Commercial and industrial (C&I) businesses in the UK are to be offered free energy storage services from Omnio, a new firm set up to address the ‘overlooked’ market of small, distributed energy users.
