“In my opinion, the addition of battery energy storage coupled with solar can get renewable penetration to the next level,” said Ioannis Grammatikakis, UK country manager at Power Factors.
With the energy crisis forecasted to hit its peak in the upcoming winter and into 2023, power price forecasts released by Cornwall Insight revealed that the low marginal cost of wind turbines means when they are generating, prices will fall before 2030.
On 23 September, Chancellor Kwasi Kwarteng unveiled the UK Government’s prospective Growth plan aiming to reduce the cost of energy bills, at an expected cost of £31 billion over its first six months.
The UK’s general public is overwhelmingly supportive in building new wind and solar farms in order to tackle the ongoing cost of energy crisis, according to Survation.
