A new smart tariff designed to incentivise the use of batteries is to be trialled in homes by independent supplier Tonik Energy and storage seller Powervault. They hope the experiment will provide a “proof of concept” for the packaging of a smart meter-enabled time of use tariff with household storage. “Historically, domestic energy storage has been associated primarily with the 900,000 UK homes equipped with solar panels, but a much larger market is starting to emerge, enabled by the smart meter rollout,” said Powervault managing director Joe Warren. Powervault’s battery storage units will be installed in the homes of participants. In combination with a smart meter and the new time of use tariff, this will enable customers to automatically buy and store electricity during cheaper off-peak periods and then use it during more expensive peak periods.
Utility Week 10th April 2017 read more »
The largest portfolio of energy storage in the UK is set to be up and running by the end of next year, as renewable energy provider Anesco has announced proposals to bring 185MW of energy onto the grid. The system is expected to play a significant role in balancing the grid, providing a sub-second response to support supply and demand requirements. Anesco’s project is planned for entry into the capacity market in August, after the firm recently connected its twentieth utility scale battery unit, raising its active storage portfolio to 18.9MW. Reading-based Anesco – identified as one of the UK’s most disruptive companies in the inaugural Virgin Media Business Disrupter 10 league table – last year became the first firm to install a commercial-scale battery charged by solar power. The firm’s executive chairman Steve Shine believes the company’s latest move is ‘further proof of the significant growth of the sector’.
Edie 10th April 2017 read more »