As electric vehicle (EV) charging deployment ramps up and speeds continue to increase, energy storage to support this could reach a global installed capacity of 1,900MW by the end of 2029.
It was another exceptional bank holiday weekend for Britain’s electricity network, with power prices hitting new record lows as carbon intensity dropped to its lowest point ever.
The formal consultation document on changes to the Contracts for Difference scheme includes a potential revision of technology pots, an extension of the negative pricing rule and a relaxation of energy storage metering requirements.