Key Considerations for Utility-Scale Energy Storage
On the supply side, as noted above, the Uyghur Forced Labor Prevention Act may limit the ability to import equipment required for battery
Great Britain currently only has 2.8GW of LDES, across four pumped storage hydro schemes in Scotland and Wales, and there have been no new schemes in the last 40 years, as we've reported previously (see Pumped Storage Hydro – the forgotten solution?).
This could see the first significant long duration electricity storage (LDES) facilities in nearly 4 decades, helping to create back up renewable power and bolster the UK's energy security. These technologies work like giant batteries by storing renewable energy and releasing it onto the grid and into homes when needed.
It also follows the launch of Great British Energy, lifting the ban on onshore wind and delivering a record number of clean energy projects through its renewables auction – all part of the plan to protect billpayers from volatile energy price spikes driven by fossil fuels.
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