The Department for Business, Energy and Industrial Strategy (BEIS) has incurred the wrath of battery storage asset owners by proposing significant changes to how their generation classes are de-rated within the Capacity Market (CM).
The growth of jobs in the UK’s clean energy sector has slowed, according to the Renewable Energy Association (REA), which has placed the blame firmly on policy instability in Westminster.
The Department for Business, Energy and Industrial Strategy and the energy regulator Ofgem have today released plans for a major upgrade of the UK’s energy system.
Today’s funding and R&D announcements by business, energy and industrial strategy (BEIS) secretary Greg Clark have been welcomed as a “fantastic move” towards a modern, smart and flexible energy system.
Business secretary Greg Clark has unveiled the first phase of a £246 million investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.
Aldi has revealed it is investigating battery storage and demand side response applications for its estate as it prepares to add solar panels to 50 more stores by the end of the year.
The government has thrown its weight behind vehicle-to-grid (V2G) by announcing £20 million would be available for a competition to further the development of the bi-directional electric vehicle charging technology.
The government’s new transport investment strategy has confirmed funding for research into electric vehicle batteries, but deferred much of the decarbonisation of the sector to the forthcoming Clean Growth Plan.
