The UK’s energy storage sector is enjoying rapid growth, as the roll out of the smart grid technologies that are seen as essential to the development of a cleaner and more flexible energy system continues to outstrip expectations. Trade body RenewableUK has today published new data showing that the cumulative capacity of planning applications for battery storage projects has increased more than 50 per cent of the past year, from nearly 6,900MW to over 10,500MW today. The report, entitled Project Intelligence, argues that if the entire pipeline of planned projects is developed it will deliver enough energy storage capacity to fully charge over a million electric vehicles. The latest data highlights the rapid pace of development for a sector that lodged just 2MW of planning applications in 2012. It also confirms that over the past 12 months the number of UK companies involved in the sector has risen from 300 to more than 450, while the average battery project size has also ticked up from 27MW to 28MW.
Business Green 2nd Dec 2019 read more »