Wednesday, March 06, 2013

Grid Scale Energy Storage - missing an opportunity?

Grid Scale Energy Storage is predicted to be a £100 Billion global industry by 2015.

Energy Storage helps businesses, the economy and the environment.

  1. Storing electricity reduces costs, by storing energy generated off peak and selling during times of very high demand, the average cost of energy is reduced.

  2. Green technologies like Solar, Wind and Tidal don't produce power when it is required.  Large Scale Storage make these technologies far more viable.

  3. Reducing the demand for energy generation at peak times means that the most inefficient generators won't need to be used.  These generators produce the most emissions per megawatt.

  4. Grid Scale Storage is a truly global industry, suppliers will have opportunities almost everywhere.  The potential to export knowledge, products and service is huge.


Hopefully with all of this potential the government and our energy suppliers will invest the time and money required to meet our storage needs now and in the future.

 

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