Mis-selling, insurance risk and the failure of associated costs to fall alongside sell prices could hold back greater battery storage deployment, a panel discussion has revealed.
Over 9,000MWh of battery energy storage could be deployed in Britain over the next five years as the sector enjoys a trend towards “explosive growth” driven largely by the country's clean energy transition, a market analyst has said.
With the release of the most recent Capacity Market pre-qualification register, the UK’S utility-scale battery storage pipeline has now reached nearly 8GW. Solar Media market research analyst Lauren Cook takes a deep dive into the projects that made it through pre-qualification, and what these results mean for the projects likely to get built in 2018.
Ofgem has sought to reassure solar farm owners that it will not withdraw accreditation to subsidy schemes without having a good reason to do so as it continues to work on guidance for co-locating energy storage assets with solar.
The UK’s large-scale battery storage installations have reached 100MW of capacity, made up of around 50 individual sites larger than 250kW. However, as Solar Media Market Research analyst Lauren Cook explains, data from the UK Battery Storage Project Database report shows that this is just the beginning, with revenue stream patterns emerging to show how projects are proving to be successful.
Hazel Capital has been bought by investment manager Gresham House through a combination of cash and newly issued shares, which includes new investment in three energy storage projects.
Chinese manufacturer Growatt has revealed it is building up a base of accredited storage installers in the UK.
Electricity and heat generator and retailer Vattenfall is developing a third party model for energy storage deployment which will see the Swedish firm deploy batteries alongside UK solar farms.
The UK government must act urgently to support greater flexibility in the country’s power system or risk escalating system costs, the UK Energy Research Centre (UKERC) has warned.
Solarwatt has begun trials of its MyReserve battery storage system across the UK and Ireland in preparation for its official launch in April.
National Grid is considering moving away from one and two year contracts within its grid balancing tenders, which according to the system operator’s UK director do not reflect the transition needed within the energy system in the future.
While Brexit 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.
METKA EGN has announced EPC contract wins for 75MW of new UK projects, the largest being a 20MW storage project, as the company restates its commitment to the UK market.
Green energy firm Anesco has entered into a partnership with Green Hedge Energy UK which will see the two collaborate on the development of the latter’s Energy Barns concept.
A new trial beginning this month will test the potential of batteries to shave the peak output of domestic solar installations to increase the capacity of the electricity network and reduce the need for costly improvements to the local grid.
The UK energy storage industry is ready to deliver smart technologies for a clean energy system but requires the government to remove all barriers to deployment, the Solar Trade Association (STA) has said.
Sonnen has partnered with CCL Components which will distribute its domestic and commercial battery systems as the German manufacturer seeks to expand its reach in the UK.
A new energy demand response start-up is preparing to launch within weeks which will use machine learning and artificial intelligence to manage a portfolio of storage assets and provide real-time energy reserves to the grid.
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.
Storage projects have landed more than 3.2GW of contracts in the provisional Capacity Market auction results, around 500MW of which has been allocated to new-build battery storage projects.
Solarwatt has hosted a week-long training session for its distributors in the UK and Ireland in preparation for the launch of its MyReserve storage system in the first quarter of 2017.
There remain mixed views on where the UK solar industry goes from now. In the wake of a six-year low in deployment, Finlay Colville mulls the options.