Big Batteries May Save UK Power System Up to £24 Billion by 2050
- Country needs storage that far outstrips current capacity
- Long-duration batteries can also help cut emissions: LCP Delta
Lithium-ion energy storage batteries.
Photographer: Jordan Vonderhaar/BloombergThis article is for subscribers only.
Long-duration energy storage could save the UK power system billions of pounds as the country seeks reliable backup supply amid a push to expand offshore wind, according to consultants LCP Delta.
The British government is promoting big batteries as a means to store cheap renewable electricity at times when the grid is oversupplied, while unleashing it when demand and prices are higher. To plug any shortfalls, the system needs energy storage that far outstrips current battery capability.