Britain’s government has thrown its weight behind vehicle-to-grid (V2G) by announcing £20 million (US$25.8 million) would be available for a competition to further the development of the bi-directional electric vehicle charging technology.
Energy storage is the next obvious addition to solar plants in the UK. Elizabeth Reid of law firm Bird & Bird takes a look at some of the drivers, opportunities – and regulatory obstacles.
Major solar investor Foresight Group has more UK battery storage projects firmly its crosshairs and could branch out into both C&I and co-located projects in the near future.
UK-based infrastructure investor Foresight Group has sealed its maiden battery storage purchase, acquiring the 35MW RES-built Port of Tyne project in the North-East of England.
The UK’s main electricity transmission network operator (TNO) National Grid has published a new consultation on its system needs and product strategy which paves the way for a number of new services tenders to be made available from next year.
Commercial and industrial (C&I) businesses in the UK are to be offered free energy storage services from Omnio, a new firm set up to address the ‘overlooked’ market of small, distributed energy users.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
Energy efficiency solutions provider and energy storage developer Anesco is to partner with “technology-driven utility” Limejump to deliver 185MW of energy storage capability in the UK into August’s capacity market, with plans for the units to be brought online by the end of 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.
