1. UK 'Needs Capacity Payments for Energy Storage'

    UK 'Needs Capacity Payments for Energy Storage'

    The UK is lagging behind the States on energy storage technologies as there is no payment mechanism for the market. That’s the view of Bali Sahdra, Senior Business Development Manager at AES, an energy storage company, who said the UK is “almost five years behind” in comparison to the US. She told ELN investors need to get a return: “There needs to be a mechanism that allows and recognises energy storage in the same light that other technologies are recognised in and one of those mechanisms is capacity payments.

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