An official from the Department of Business, Energy and Industrial Strategy (BEIS) has pushed back against claims that “question marks” hang over government decarbonisation plans, stating that good progress had been made.
Changes to the de-rating factors for battery storage projects competing in the Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications.
Government policy and regulation offer the biggest barriers to the deployment of battery energy storage in the UK according to the All-Party Parliamentary Group (APPG) on Energy Storage, which claims 12GW of batteries could be deployed by 2021 under the right circumstances.
Great Britain’s electricity networks will collaborate on new markets for flexibility services to rival the need for traditional upgrade investments, developing a national smart grid which could deliver £17 billion back to the economy by 2050.
Good Energy has unveiled Origami Energy as its technology partner working on the company’s new battery storage solution, which last week signed up its first commercial customer in the Eden Project.
Future battery energy storage projects in the UK have been hit with a major blow after the government published its intention to lower the de-rating factor in capacity market auctions by almost 80% for 30 minute duration batteries.
The UK’s first battery development facility has been confirmed by business secretary Greg Clark, who has announced that £80 million of funding will be ploughed into the Midlands project.
