Energy UK, the domestic energy industry trade body, has urged the government to reinstate Contracts for Difference (CfDs) auctions for established low carbon technologies like solar PV.
The economics of solar-and-storage in the UK are being proven, Anesco has said.
Green Hedge, a UK renewable energy developer that has diversified into battery energy storage systems, has had an application for a 40MW project approved by local authorities in Derbyshire.
Energy market regulator Ofgem has confirmed that it is to enact drastic cuts to embedded benefits from 1 April 2018.
Listed funds in the UK which own a significant portion of the country’s utility-scale solar PV assets are not currently convinced by battery storage’s feasibility, but remain primed to deploy the technology at scale when the time is right.