Energy storage is a key enabler of net zero emissions in the UK, but some unresolved challenges still make it a complex sector to navigate, as Antonia Silvestri and Gary Roscoe, partners at law firm TLT, explain.
GridBeyond is to optimise Greencoat Renewables’s first energy storage project. This 10.8MW front-of-the-meter battery is co-located with the Killala Community Wind Farm in Tawnaghmore Upper, Ireland and is expected to be online early next year.
As energy system modernisation and decarbonisation progresses, energy storage could represent between 10% and 25% of India’s total installed power capacity by 2050, while other countries in South Asia including Bangladesh, Nepal and Bhutan also have “significant opportunities” for energy storage.
There’s still a disconnect between what’s achievable and what is actually being achieved in the drive to decarbonise. Despite a boom in renewable energy generation, Australia’s government line is instead commitment to “a gas-fired recovery”. That commitment is a dangerous one, says Lillian Patterson of the Clean Energy Council.
Battery storage is flexible, remarkable — and investable — but you need to know what you’re doing and know where the market opportunities and limits lie. Renewable and clean energy financier Laurent Segalen from Megawatt-X explains some of the things he’s seen as batteries have become an infrastructure asset in their own right.
A 50MW lithium-ion battery storage system which will form part of a transmission system-connected ‘Energy Superhub’ has been commissioned in Oxford, England, while another 100MW transmission-connected project in the country has reached financial close and is set to begin construction soon.