1. Capacity Market Success Evidence of 'Crucial Role' Battery Storage to Play in UK Grid

    Capacity Market Success Evidence of 'Crucial Role' Battery Storage to Play in UK Grid

    Developers who were successful in winning contracts within last week’s Capacity Market auction have lauded the “crucial role” battery storage is set to play in the future for the national grid. The auction for the winter period 2020/21 concluded last Thursday afternoon and the results were published on Friday morning, revealing that of the 3.2GW of storage assets to have won provisional contracts just over 500MW is new-build battery storage. These results remain provisional until 20 December when the winning developers must confirm which projects they will complete.

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  1. Quotes

    1. As the energy industry moves away from carbon-heavy production, the twin-approach of renewable energy and storage will enable us to collectively combat the causes of climate change and achieve a global low-carbon future through carbon emissions reduction.
  2. Topics Mentioned

  3. Authors

  4. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences