1. Energy Storage ‘Will Wipe Out Battery Storage’

    Energy Storage ‘Will Wipe Out Battery Storage’

    There are quick bucks to be made from battery storage. But in three or four years, many assets will be in the bin, reckons redT chief Scott McGregor. He claims sustainable energy storage that can handle multiple functions for decades without degrading is now viable. Predictions for battery storage penetration vary wildly. UK Power Networks recently reported it had received 12GW of connections requests in little over a year, much of it for batteries, much of it “highly speculative”. Western Power Distribution has 1GW of storage connections agreements on its network, with a further 1GW offered.

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