UK urged to incentivise more storage

Pipeline of 6-8GW of projects with grid connections could be built out under ‘right conditions’, says ESN

Key priorities for the UK Government, Ofgem and the grid operator include the development of markets that incentivise further investment in all kinds of energy storage, said the Electricity Storage Network (ESN).

Markets should incentivise a range of short and long term storage technologies and encourage zero carbon storage solutions to take over from gas, said the ESN, in response to gas shortages and price hikes.

The ESN stated: “Our analysis shows there is a strong pipeline of further 6-8GW of storage projects in the development pipeline with planning permission and a grid connection agreement in place that could, under the right conditions, be built out over the coming years.”
The association has also proposed market changes alongside developing a “much smarter and more flexible electricity system” that can much match supply and demand more effectively.

The impact on households and businesses of the current high gas prices shows the importance of investing in technologies to store power as part of building a resilient, renewable power system that can wean us off fossil fuels, said the ESN.

Read more: reNEWS.BIZ

By |2021-10-03T10:41:48+00:00October 21st, 2021|Battery Storage, News, Solar and Battery|
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