Storage

British Solar Renewables’ chief Graham Harding has his sights firmly set on growth in battery storage and solar O&M for 2018.

On-site energy storage is “the way that you make the subsidy free package work” for large scale solar according to climate change minister Claire Perry who has pointed to Anesco’s Clay Hill solar farm as proof of why the technology so longer needs financial support from tax payers.

Northern Powergrid is to plough £1.9 million into the creation of a smart energy grid across its network, allowing its eight million customers to trade power and services using their home solar and battery systems.

A landmark project aiming to double the renewables capacity of the Isles of Scilly through the addition of new solar is expected to receive almost £3 million in government funding following its inclusion in the government’s latest Industrial Strategy.

Greater adoption of distributed and decentralised power could provide a multi-billion-pound boost to key economic sectors, power firm Centrica has said.

Yesterday afternoon chancellor Philip Hammond took to the despatch box to deliver the Autumn Budget. Amidst headline promises of stamp duty relief and fresh funding for driverless, electric vehicles, there were no major pledges relating to the energy market.

Battery Energy Storage Solutions (BESS) has set its sights on more storage acquisitions in the UK after raising £50 million in outside investment.

Liam Stoker looks ahead to tomorrow lunchtime to see what the UK’s solar industry might expect to see within Philip Hammond’s – and the UK’s – first Autumn Budget.

Centrica will “most likely” install up to 100 residential energy storage batteries in selected homes in Cornwall, alongside new installs of solar panels if they are not already in place, as part of its local energy market (LEM) programme.

Solar and other renewables will generate more than half of all electricity in the UK by the mid-2020s according to a new study by Bloomberg New Energy Finance and Eaton, which expects the cost of the technology to more than halve by 2040.