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Extreme weather is driving the energy storage boom

Energy storage installations for homes and businesses — involving battery technology — are on the rise in areas where extreme weather threatens the electric power grid, such as flood-prone Houston, wildfire-stricken California and hurricane-ravaged Puerto Rico. A sustained power outage can lead to serious consequences, such as loss of income and even death. Because of

Next generation UK battery storage research receives US$68 million boost

A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology. The government-led Faraday Institution has allocated the funding to five consortium-led projects with the aim of overcoming battery challenges, in particular by improving performance and cost characteristics. The projects will

How can Solar Panels and Battery Storage Save you Money at Home?

They say pictures tell a thousand words, so we have created a fun 'explainer' video to help explain how you can save money by generating your own electricity.   If you would like a no-fuss, no pressure, no surprises quote at a price that is surprisingly low, we can give you an accurate first quote without

Residential storage in Europe to grow 500% by 2024

A new report from analysts at Wood Mackenzie forecasts 6.6 GWh of residential energy storage to be installed across Europe by 2024. The economics of the technology are at a tipping point, increasingly reaching grid parity in European markets. With rising electricity demand and falling battery system costs, the trend will further spread across the

US energy storage roll-out up 45% in 2018, says new report

Installations of energy storage in the United States jumped by 44.9% last year, according to trade body the Smart Electric Power Alliance (SEPA). A new report from the organisation estimates a grand total of 760.3MWh of energy storage was interconnected US-wide in 2018, hitting a cumulative market size of 1,966.6MWh. According to SEPA, investor-owned utilities

UK risks losing out to Europe in home battery boom, report warns

Controversial tax hike could leave country lagging behind as continent powers ahead The UK risks being left behind in Europe’s home battery boom because of a controversial tax hike on solar-battery systems, according to a report. The energy consultancy Wood Mackenzie has predicted that Europe’s home battery capacity could climb fivefold in the next five

Parliament Responds to the Battery VAT Petition

We have had a reply to the VAT petition from the Treasury. See below for the full wording. Interestingly it shows that the UK government fought against the VAT rises with the EU but were defeated by the Court of Justice of the European Union siding with the European Commission.

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