aurora energy research

​Deploying large quantities of long duration electricity storage (LDES) could reduce system costs and reliance on gas, but greater policy support is needed to enable this, Aurora Energy Research has found.

The government has set the forthcoming T-1 Capacity Market auction target volume at more than 5.36GW in response to what it has described as “broader uncertainties within the power sector”, meaning all participating assets in the auction are set to gain contracts at the maximum price of £75/kW per year.

Prequalification results for the T-4 and T-1 Capacity Market auctions have been released, with battery storage rising significantly in both.

​For the UK to reach net zero, delivering hydrogen and carbon capture and storage (CCS) projects at scale will be “essential”, according to a new report from Aurora Energy research.

Green hydrogen production costs in Europe could fall to between €2 (£1.72) and €2.5/kg, but hydrogen produced by grid electricity will drive up costs.

​Electrolyser capacity is set to increase from 0.2GW worldwide today to 213.5GW by 2040, a thousand-fold increase, according to Aurora Energy Research.