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Innovation in Battery Energy Storage
New innovations in battery storage technology are driving further improvements in how organisations and businesses manage their energy use
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Welcome to the latest round-up. We have pulled together some of the biggest developments in the battery storage sector and the transition towards Net Zero into one, convenient list to help you keep up to date with the ever-moving landscape of the UK’s energy sector.
An independent forecast has predicted that the UK will maintain a dominant position in the European battery storage market over the next decade, securing 35% of the total market by 2028.
A significant drop in total emissions last year was not enough to prevent 2020 seeing record levels of carbon dioxide in the atmosphere.
An Australian study has found that battery storage is significantly cheaper, as well as more effective, than natural gas-fired generation for meeting peak demand.
A leading think-tank has revealed that the UK’s net-zero transition will generate as many as 1.7 million new full-time jobs across energy efficiency, low-carbon heating, energy generation and manufacturing.
One in five of the world’s 2,000 largest listed companies, representing nearly $14 trillion in sales, have committed to a net-zero emissions target.
A global survey of executives found that a majority were concerned that the expected benefits of the transition to low carbon would not outweigh the costs, while 90% of investors felt an effective net-zero plan was a critically important driver of investment appeal.
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New innovations in battery storage technology are driving further improvements in how organisations and businesses manage their energy use
The changing mix of generation used across the UK's National Grid is an opportunity to unlock carbon savings with battery energy storage
Equipment failures and electrical issues cause outages that cost the typical large manufacturer £2 million annually
The chemicals sector still uses natural gas to provide half of their total energy. Electrification is a key step towards lower carbon emissions
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