ESN calls for greater investment in storage to exude ‘calming’ effect on volatile power market
The impact of high gas prices has emphasised the need to invest in storage technologies, the Electricity Storage Network (ESN) has said.
The impact of high gas prices has emphasised the need to invest in storage technologies, the Electricity Storage Network (ESN) has said.
Ofgem’s decision to classify energy storage as a subset of generation must be a “stopgap measure” until parliamentary time is found.
The storage industry appears to finally be getting its long-awaited formal definition as Ofgem launches its latest consultation. Alice Grundy explores how this came to be, what the definition means and what the next steps will be.
Ofgem is hoping to eradicate the double-charging of storage assets through the addition of a formal definition of energy storage to the regulatory framework.
Energy storage could have saved Britain from some of the economic and environmental impact of National Grid’s shortfall in energy capacity during Wednesday’s evening peak, according to one industry expert.