27 Jan '16, 7pm

Eunomia publishes first UK battery storage forecast

The report reveals that current installed capacity of battery storage in the UK stands at 24MW, the majority of which is ‘proof of concept’ projects funded by DECC or Ofgem . However, the growing challenges brought about by increased deployment of distributed generation, coupled with changes to the way we are using electricity, is driving the need for increased flexibility within our electricity network. Eunomia believes storage technologies can play a major role in meeting this need, particularly batteries which are easy to deploy and already of scale and degree of commercialisation that makes them attractive to investors. Eunomia forecasts significant growth in the sector in the next five years. Deployment looks set to take a major step forward in 2017 as National Grid’s Enhanced Frequency Response contracts, intended to help maintain grid frequency within an acceptable ...

Full article: http://www.renewableenergyfocus.com/view/43646/eunomia-pu...

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