Energy storage

DEFINITION: The capture of energy produced at one time to be used at a later date. Energy storage can help deal with fluctuations in demand and generation by allowing excess electricity to be saved for periods of higher electricity demand. A variety of technologies exist to store electricity, including batteries and hydrogen.

See also: Decentralised energy

See also: Distributed generation

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In action: EDF battery storage optimisation with a financial services company

A financial services company worked with EDF and its partner, Upside Energy, to support an energy storage fund by realising financial returns from its assets. In turn, the Fund achieved this financial goal by focusing on specific source of revenue generation.

Gresham House's recently acquired 49MW Red Scar battery is to be optimised against the wholesale markets. Image: Gresham House

Gresham House inks deal to optimise 74MW of storage capacity

UK-based grid battery owner Gresham House has agreed to a multi-year deal with Habitat Energy to optimise 74MW of energy storage capacity, which will see machine learning applied to maximise the value of the assets and extend their lifespan.

edie's new guide aims to explain all the issues around hazardous waste.

edie launches free business guide on hazardous waste

Companies and organisations looking to understand issues around hazardous waste now have access to a new edie business guide which breaks down everything you need to know about the subject.

The 45-minute masterclass is now available to watch on demand

Five top takeaways from edie's energy storage masterclass

On Tuesday (17 December), edie hosted a masterclass with EDF Energy on energy storage and onsite renewable generation. Here, we round up the key insights and information on this crucial issue for sustainability and energy managers.

45-minute masterclass: Onsite energy storage and renewables

How, exactly, does energy storage work? What are the business benefits of deploying commercial battery systems? And how can they interact with other onsite technologies such as renewable energy systems to create a ‘decentralised’ business?

The masterclass will be available on demand afterwards

TODAY: edie’s webinar on exploring onsite energy storage and renewables solutions

edie readers have until 1pm today to register for our webinar on energy storage and onsite renewable solutions.

The array covers 353 acres. Image: NextEnergy Solar Fund

UK's largest subsidy-free solar farm powers up

A 40MW solar plant has come online on the Bedfordshire/Cambridgeshire border this morning (16 December), making it the largest subsidy-free facility of its kind in the UK.

BNEF's analysis covers battery packs from the vehicle size (pictured) to utility-scale arrays. Image: Akio Kon/Bloomberg

BNEF: Battery prices have plummeted 87% since 2010

The global market for battery energy storage - from car-sized units to utility-scale arrays - has grown rapidly in 2019 amid falling costs, new research from Bloomberg NEF (BNEF) has found.

The 4 big ideas for net-zero carbon strategies

Experts across energy management came together at edie’s SPARK! 2.0 event to discuss the role that strategy could play in the delivery of net-zero carbon targets.

edie brings you three exclusive interviews across public, private and specialist firms

Sustainable Business Covered podcast: Green university leagues and energy storage

Episode 76 of edie's Sustainable Business Covered podcast features interviews with the University of Gloucestershire's director of sustainability Dr Alex, Ryan on topping a green university league, EDF Energy on a new storage master series as well as a chat with company Xerox's vice president for environment, health, safety and sustainability Wendi Latko.

The business guide to energy storage

How does energy storage work? What are the business benefits of commercial battery systems? And how can they interact with other onsite energy technologies? This free guide gives you everything you need to know.

Speakers announced for edie's webinar on onsite renewables and energy storage

A free webinar on 17 December at 1pm aims to assess the landscape for energy storage and onsite renewable generation for businesses.

The seven-page guide is ideal for any businesses looking to capitalise on the business benefits offered up by energy storage.

edie launches free business guide to energy storage

Companies and organisations looking to capitalise on the benefits of energy storage now have access to a new edie business guide which breaks down everything you need to know about the technology.

The reforms have faced strong opposition from distributed generators and trade bodies

Ofgem's proposed reforms 'undermine' low-carbon power transition, renewables sector warns

Key figures from across the UK's renewable energy sector have criticised regulator Ofgem's proposals for reforming payment processes, slamming them as "damaging" to the business case for renewable generation and flexible assets.

Businesses suited to selling flex include large energy users such as supermarkets and manufacturers

Northern Powergrid urges businesses to sell flexibility services

District Network Operator (DNO) Northern Powergrid has opened an online auction aimed at procuring 100MW of flexible energy capacity across, largely from businesses.

The auctions can run from months ahead all the way to intraday transactions

Homes and businesses deliver flexible green energy to Cornwall's Local Energy Market

A fully automated Local Energy Market (LEM) in Cornwall has, for the first time, seen the local Distribution System Operator (DSO) and the National Grid ESO procure flexible green energy from businesses and households simultaneously.

Around 40% of UK properties do not have off-street parking, meaning they'll need on-street infrastructure to support home charging of an EV. Image: Virgin Media

Virgin Media owner unveils plans for 1,200 on-street EV chargers

Telecommunications giant Liberty Global, the owner of Virgin Media, has unveiled detailer around a new project aiming to "revolutionise" on-street electric vehicle (EV) charging in the UK.

The webinar is available to watch on-demand.

Top five tips to integrating electric vehicles into business fleets

Last week an electric vehicles webinar supported by Centrica Business Solutions looked at how businesses could scale up their low emissions transport programmes. Here, edie rounds-up five key takeaways presented by the expert speakers.

Image: Moixa/Greenhouse

Irish homes to form 'virtual power plant' with solar and battery storage

Irish utility Energia and technology firm Moixa have partnered to in a bid to create a 120 kWh 'virtual power plant' (VPP), consisting of home smart batteries, rooftop solar and electric vehicles (EVs).

Pictured: Glasgow City Council's chambers. The local authority recently committed to net-zero by 2030 as part of its bid to host COP26. 

Glasgow signs up primary school as its first flexible energy asset

As part of its bid to become a carbon-neutral city by 2030, Glasgow City Council is set to use one of its primary schools as a flexible energy asset on the demand side response (DSR) market.

Northern Powergrid currently deploys more than 2,500 diesel generators for powercuts 

Northern Powergrid trials EV energy storage technology

Northern Powergrid has announced it will run an energy storage trial involving electric vans in order to restore power to customers during a power cut.

Total will be able to reduce the overall cost of the integration process. Image: Total

Total signs cleantech deal to produce hydrogen at refineries

French energy giant Total has signed a cooperation agreement with the Sunfire cleantech company to integrate capture waste heat and CO2 at a German refinery to create synthetic methanol and hydrogen to be used to reduce energy and transport emissions.

Power and transport collectively generate 40% of all man-made carbon emissions globally, on an annual basis. Image: World Economic Forum

Report: Batteries could cut global transport and power emissions by 30%

A rapid acceleration of battery uptake among the global transport and power sectors could slash their collective annual emissions by 30% by 2030, a new report has concluded.

This weekly round-up details how businesses across the world are ramping up ambitions and actions across all areas of sustainable development 

TIME's climate issue and a Tesla double-whammy: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

Pictured: The Faraday Institution's HQ in Harwell, Oxfordshire

UK-based battery innovations bag £55m in Government funding

The Faraday Institution has confirmed plans to split a £55m funding pot between five UK-based research and development projects surrounding battery energy storage for electric vehicles.

The outage was caused by a proportion of Hornsea offshore wind farm (pictured) coming offline within minutes of the Little Barford gas plant 

Friday's power cut 'underscores need for flexibility'

In the wake of a large power cut which affected large parts of south England on Friday (9 August), policymakers and power generators must prioritise investments in flexible energy systems.

This week's innovations could be transformational for the automotive, fashion and utilities sectors 

Microplastic filters and Tesla's 'Megapacks': The best green innovations of the week

Every week, numerous eye-catching and potentially transformational innovations are being developed to help businesses and nations turn their green ambitions into actions. Here, we round up six of the best.

The solution has been designed for compatibility with new and existing solar arrays. Image: Tesla

Tesla forays into utility market with 'Megapack' energy storage solution

Carmaker Tesla has this week launched a new large-scale energy storage offering aimed at helping utilities to reduce costs and drive decarbonisation.

BNEF predicts that 10 nations will represent three-quarters of the market by 2040

Report: Energy storage to smash 1,000GW milestone by 2040

Energy storage installations are poised for a 122-fold increase between now and 2040, as the uptake of renewable energy and electric vehicles (EVs) and falling costs of technology provide an ideal platform to drive demand for storage solutions.

These stories exemplify how businesses and governments across the world are ramping up efforts in all areas of sustainable development

Coors' plastic-free packaging and solar-powered trains: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

Flexible Futures: The Smart Business Blueprint

This edie insight report maps out a blueprint for smart, sustainable business in 2020, helping energy and sustainability professionals get ahead of the curve to deliver a flexible energy future.

Scottish Power's portfolio has consisted entirely of wind generation since October 2018 

Scottish Power boss: Onshore wind and energy storage policy key to net-zero transition

EXCLUSIVE: Following the success of its Offshore Wind Sector Deal, Scottish Power's chief executive would now like to see the UK Government implement similar policy frameworks for onshore wind and energy storage.

Between 2013 and 2017, solar capacity hosted by businesses and homes grew by 330% to reach 2.1GW

Report: Businesses hosting decentralised energy 'key' to meeting net-zero

Onsite renewable generation by businesses and households will need to play a "key" role in the energy system if the UK is to reach its 2050 net-zero target, new research has concluded.

More than a third of businesses view energy security as a “substantial risk” to long-term business plans

Onsite generation: UK businesses primed to become 'power plants of the future'

More than 80% of UK businesses generating renewable energy onsite plan to increase capacity over the next five years, according to a new survey.

The first phase of the project will map generation and storage assets with an installed capacity of more than 1MW

Network operators collaborate on blockchain data register for generation and storage

Energy firms and network operators have teamed together to create a shared register powered by blockchain for energy generation and storage data, in a bid to improve the decarbonisation and operating costs of the UK energy system.

An artist's impression of what Scottish Power's 'super battery' at its Whitelee wind farm will look like once complete. Image: Scottish Power 

Scotland and Wales place hopes in battery power

Scotland and Wales plan to embrace battery power in order to solve their respective clean energy and employment challenges. Scotland will link a 50MW "super battery" to a wind farm, while Wales wants to invest in battery production.

This week's innovations could drive significant change across the marine transport, aviation and plastics sectors 

Fish scale plastics and lifts which store energy: The best green innovations of the week

Every week, numerous eye-catching and potentially transformational innovations are being developed to help businesses and nations turn their green ambitions into actions. Here, we round up six of the best.

The UK's EV market grew by a record-breaking 19% in 2018

Public EV charge points outnumber petrol stations in the UK

The number of public charging stations for electric vehicles (EVs) in the UK has surpassed the number of petrol stations for the first time.

There's still time to register for a FREE pass to attend Day Two

Insight, inspiration and innovation continue into final day of edie Live 2019

Members of the UK's sustainability and energy management communities have descended upon the NEC in their thousands, with sessions at full capacity throughout the first day of edie Live 2019 and the action now set continue into the second and final day (22 May).

In action: Anesco's subsidy-free solar farm supported by a storage floor price

Renewable energy firm Anesco is working with EDF Energy and it's tech partner, Upside Energy, to introduce an industry-first guaranteed floor price for revenue from the battery storage units operating at the first subsidy-free solar development in the UK.

The collective capacity of the UK's independent renewable arrays surpassed 14GW for the first time last year. Pictured: The Hornsea 2 wind farm

In numbers: Charting the rapid growth of renewable energy in the UK

A new report tracking investments into independent clean energy and energy storage technologies in the UK has illustrated the speed at which to low-carbon transition is gripping the power sector. Here, edie rounds up the key findings.

The solutions should enable the UK to further decarbonise the power sector, while making progress in heat and transport

UKRI allocates £30m for smart energy systems innovation

UK Research and Innovation (UKRI) has outlined intentions to allocate £30m in funding for innovation and solutions for smart local energy systems in the UK.

Lithium-ion batteries, the technology of choice for electric vehicles, are not produced at the same scale in Europe as in other regions, particularly China

Europe risks 'second mover' status on battery tech, auditors warn

Europe could be left behind in the international battery-building race, the EU auditors have warned in a report and stressed that better storage is needed if the bloc is to hit its climate and energy targets.

Illustration of Pivot Power’s consented Southampton battery project

Virtual power plants and 'super hubs': Four smart UK energy systems projects launched by Claire Perry

Energy and Clean Growth Minister Claire Perry has today (3 April) launched four smart energy systems demonstrator projects across the UK, in a bid to help towns and cities become "hubs" to spur the low-carbon transition across the electricity, heat, cooling and transport sectors.

The companies will collaboratively develop a device which combines their existing microgrid technologies. Pictured: A Rolls-Royce MTU unit

Rolls-Royce and ABB partner to develop microgrid solution for business

Rolls-Royce's Power Systems arm has secured a partnership with robotics and technology firm ABB, which will see the companies collaboratively developing a new microgrid solution for commercial and industrial applications.

Battery storage is now poised to play a key role in the low-carbon energy transition, BNEF has claimed

BNEF: Battery storage costs have 'plummeted' in past year

The average costs associated with building and operating large-scale lithium-ion battery storage arrays has fallen by 35% since last June, paving the way for more government and business support for the technology.

Onshore wind and solar developers have been unable access subsidies since the government closed the Renewables Obligation scheme to new applicants

Doubts raised over viability of 'subsidy-free' renewables

Senior figures from the energy and finance industries have declared doubts over the feasibility of building "subsidy-free" renewables at scale without some form of revenue stabilisation.

Clean electricity can be cost-effectively integrated to all key sectors of the economy such as mobility, buildings and industry, the report states

Study charts six scenarios for fossil-free energy by 2050

Cutting energy use in buildings, ramping up renewable electricity and developing large-scale storage with hydrogen are clear options in bringing energy emissions down to zero by 2050, according to a new study.

The move comes after Shell announced in January that it is exploring plans to double its investment in low-carbon projects

Shell to buy virtual power plant firm Limejump

Oil and gas major Shell has agreed to buy UK-based energy start-up Limejump, a move which will see the firm acquire one of the nation's largest battery storage networks.

The two facilities will generate enough energy annually to power 18,000 homes (Pictured: Gridserve founder Toddington Harper)

Warrington Council moves towards energy self-sufficiency with major solar and storage deal

Two industrial-scale solar farms and a 27MW battery storage facility are set to be installed in York and Hull before the end of next year, after funding for the project closed today (28 February).