The Department for Business, Energy and Industrial Strategy (BEIS) has provided over £32 million to five energy storage projects across the nation to support the development of new technologies such as thermal batteries and liquid flow batteries.
The UK’s energy storage owners and operators must be “ruthlessly entrepreneurial” to navigate current Energy Market Reform conversations and prepare for the rapid growth expected in the near future.
Alfen more than doubled EV charging equipment sales in Q3 2021, but witnessed its energy storage revenue more than half as product lead times weighed on sales.
