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UK to save £2.4BN through energy storage systems

UK to save £2.4BN through energy storage systems

According to a new report funded by three utilities, UK consumers have the potential to save £2.4 billion a year by 2030 through energy storage systems.

By boosting the use of wind turbine and solar panels, energy storage could save households around £50 a year. The report was written by Carbon Trust and their sources coming from EON AG, SSE plc and Scottish Power Ltd.

Andrew Lever, director of innovation at Carbon Trust said “Energy storage has long been as a panacea for the low carbon energy sector in the UK, offering a suite of services to balance the system, make electricity networks more efficient and help the UK to meet its carbon targets at the lowest cost.”

Despite their being barriers preventing the development of energy storage in the UK, the Department of Energy and Climate Change (DECC) have responded to the report to reduce regulatory barriers in a statement.

“More than 80 million pounds of public sector controlled support has been committed to UK energy storage research, development and demonstration activities since 2012,” said DECC.

Here at Ecolution Products, we are looking to expand our range on energy storage systems. For more information on our products and how they work, contact us.

Click here to view our energy storage range. 

Posted by:Ecolution Products Limited

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