14 December 2022
Battery storage assets – a key infrastructure solution to the current energy crisis
Battery storage assets are the linchpin of the energy transition and a key infrastructure solution to the current energy crisis. The current UK power crisis is a complicated mix of several different factors; higher gas prices as Russia cuts off 30% of EU supplies, a structural shift away from aging fossil fuels to wind dominated renewable energy, and the declining French nuclear and EU hydro capacity. At the heart of these factors is the need for a profound re-appraisal of the national, systemic value of flexible storage assets, including utility scale battery storage systems.