Home improvement retailer Kingfisher has announced plans to invest £50 million in renewable energy across its network of locations in an effort to reduce energy consumption from the national grid by 10% in the next two years.
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.
Scotland’s Economy, Energy and Tourism Committee has led calls for the country’s government to adopt a “whole system view” of its energy market and requested greater clarity over smart meters and demand reduction measures.
A report published by think tank Green Alliance has claimed that the UK public could save as much as £2.5 billion by 2025 if the government introduced a feed-in tariff for energy efficiency technologies.
New research conducted by the Association for Decentralised Energy (ADE) has claimed the UK could save up to £3 billion a year in energy expenditure by implementing “immediate, practical, cost effective steps” to improve efficiency.
Highview Power Storage, a UK company which makes energy storage systems based on liquid air technology, has said that work is well underway on a 5MW demonstration project in the north-west of England.
The nationwide introduction of voltage control across the UK’s electricity network could reduce demand by 3GW, according to distribution network operator (DNO) Electricity North West.