Battery Energy Storage

The energy storage market is expanding rapidly. In line with this growth, the cost of generating energy from
renewable sources has dropped.

The energy storage market is expanding quite rapidly, driven largely by the increasing availability of affordable energy from renewable sources. This process is just starting and according to some forecasts, the value of this market is expected to increase by a factor of 100 over the next 20 years. This presents a tremendous opportunity and motivates businesses to adopt this technology to start taking advantage of the changing energy landscape.

As you might expect from a company like EnviroTech, we are well aware of the growing importance of battery storage technologies and actively promote their use. In fact, our parent company Envirotech solutions are currently in the process of building the largest battery storage site in Europe.

 

From our extensive experience, we know that the following arguments will impact the narrative about the sustainable future of energy: 

Which benefits can battery storage provide?

Properly implemented battery storage can provide multiple benefits to end users, including both tactical and strategic ones.

 

Load balancing is possibly the most important since it serves to neutralise the variations of demand by storing energy during periods of low use and putting it back into the network once the demand spikes. Bridging power is another benefit that pertains to the ability of the network to seamlessly switch between two or more generation sources, without dangerous gaps. Finally, battery storage facilitates highly effective power quality management, which is very important because large fluctuations in power can damage sensitive equipment. Of course, battery storage is also useful in case of a power outage, allowing businesses to operate as normal. Finally, battery storage allows grid users to avoid expensive peak tariffs and instead use stored energy, thus saving money every month. Taken together, these factors make battery storage a key technology that will likely receive a lot of attention from business and private customers.

 

Which factors are increasing demand?

We are witnessing a significant change when it comes to energy usage, with awareness about the dangers of unsustainable expenditure sharply rising. This is motivating a faster adoption of sustainable energy technologies, some of which ideally require battery storage to be more feasible. For example, battery storage complements solar installations and enables them to provide power during the night or on a cloudy day.

 

Energy storage systems are ‘fuel neutral’ and can store electricity from traditional as well as ‘green’ sources, but they are undoubtedly benefiting from the increased focus on energy efficiency. Successful businesses frequently suffer damage from power outages, and even the largest companies may be vulnerable – in 2013, Google famously lost more than £100,000 per minute during a particularly bad power loss. In total, more than $130 billion is lost annually due to grid instability, and battery storage can prevent much of that damage. Smaller companies may not be liable for such large sums, but even a loss of £100-1000 feels unacceptable when it can be easily prevented with a user-friendly and inexpensive technological solution. For some companies like nursing homes or medical institutions, business continuity can mean much more than financial loss, since their role depends on the constant supply of electricity to potentially life-saving equipment.  

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Wind Farms

Wind energy is one of the most promising sustainable energy sources, and it’s increasingly viewed as an excellent investment. Considering all of its advantages over carbon-based sources, it’s not a surprise that many highly developed countries are prioritising this form of clean energy – in 2015 alone, 15,800 MW of wind power installations was added to the grid in the EU.

Solar Solutions

Solar power is probably one of the best-known forms of sustainable energy, and in recent years it is commonly deployed in residential and commercial properties. The main reason for the growing popularity of this technology is its beneficial impact on the environment – some case studies indicate that solar panels alone can reduce our carbon footprint by 5-10%.

Solar Solutions

Solar power is probably one of the best-known forms of sustainable energy, and in recent years it is commonly deployed in residential and commercial properties. The main reason for the growing popularity of this technology is its beneficial impact on the environment – some case studies indicate that solar panels alone can reduce our carbon footprint by 5-10%.

Energy Monitoring

The idea here is to eliminate avoidable waste while ensuring that all energy needs are met, thus increasing the overall energy efficiency and staying within the planned expenditure range. In some cases, companies can slash their energy bills by up to 40% by implementing simple measures such as optimisation of the heating system.

News

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Saving the Planet: How can Behavioural Economics help?
The main theme of Attenborough’s program is the loss of the natural world and the consequential threat of climate change. This is far from a looming danger. It is already happening.
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Electricity storage will be exempt from planning regime
The Department for Business, Energy and Industrial Strategy has stated it will bring forward secondary legislation to exempt all size storage facilities (except pumped hydro) from the national planning regime in England.
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Net-Zero Skills Gap needs urgent action
Transforming the British economy to achieve Net Zero by 2050 will need the spending of billions of pounds in new investment on a green infrastructure.
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CCC warns of rapidly-closing net zero window
The Committee on Climate Change is today steadfast in its appeal that from the pandemic can arise opportunity, and all that’s required is for government to grasp it.
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Demand for storage surging
The expected rate of return on battery storage facilities is rising sharply as demand is far outpacing supply. In the short-term the imbalances stemming from the fall off in the demand for electricity stemming from the COVID-19 induced downturn in economic activity is pushing up the utilisation of off grid batteries.
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The Covid-19 pandemic
EnviroTech Energy Management has put measures in place to help protect its team, investors, and clients during the ongoing Covid-19 pandemic. Even though our London offices are currently closed, it’s still very much business as usual!
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Cambridgeshire Council plans 2.7MW solar farm with storage
Cambridgeshire County Council has unveiled plans for a 2.7MW solar farm, and battery storage plant in Stanground near Peterborough according to local news Peterborough matters.
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Republic of Ireland expands storage investment
The pipeline of energy storage projects in the Republic of Ireland has reached 2.1GW in April 2020 according to the first release of a research report by trade publication Solar Media.
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Bank of England fails to exclude buying fossil fuel assets
The Bank of England is missing out on a crucial opportunity to nudge the British economy further in a green direction through its asset purchasing scheme for corporate bonds.
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Exeter Net Zero 2030 Plan requires investment in storage
Civic leaders in Exeter have outlined plans to turn the city carbon neutral by 2030 and have identified the need for investment in reduced energy use, storage capacity, cleaner power, electrifying transport and in infrastructure.
NEWS
Pandemic impact underlines need for more energy storage Investment
The importance of the role which energy storage can play in providing energy security across the power delivery network, has been brought home as households and those business and institutions still operating in Britain are threatened by the risk of power blackouts as a result of the corona virus pandemic.
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Scottish demand for storage to rise on renewables surge
The growth in renewables with an intermittent generation of electricity supply means that Scotland will require a considerable expansion in grid level storage capacity.
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The Economics of Electricity Storage
Governments attending the United Nations Climate Change Conference in Paris in 2015 affirmed that a global shift to sustainable energy is essential to avoid the damage of catastrophic climate change.
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Biomass advantages, disadvantages and UK incentives
Power can be produced by burning biomass instead of fossil fuels, thus greatly decreasing the amount of C02 released into the atmosphere. This technology is one of the easiest to adopt and while it’s not 100% clean, it’s much less damaging than the traditional energy sources and can be described as carbon neutral when proper safeguards are applied.
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Hydropower advantages, disadvantages and UK incentives
Capturing the kinetic energy of the water is one of the earliest clean energy generation methods, and it remains just as important today. Hydroelectric power can be very affordable and doesn’t deplete the resource it relies on, but usually requires large and complex projects before the exploitation can begin.
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Air source heat advantages, disadvantages and UK incentives
Another frequently overlooked energy source, ambient air can be a valuable heating method in many situations. Heat pumps are a great way to produce thermal energy without polluting the atmosphere, which is why they are being adopted on a global scale. This technology is notable for low carbon emissions and low entry investments, so there are very few obstacles preventing its further growth.
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Geothermal energy advantages, disadvantages and UK incentives
At the present time, ground source heat and other forms of geothermal energy exploitation are an under-appreciated method for clean energy collection. This could change in the near future, as cost-effective technologies are becoming more widely available.
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Wind Power advantages, disadvantages and UK incentives
Offshore and onshore wind farms are contributing to an increasing percentage of clean energy globally, and this figure can be expected to continue to rise. The advantages of wind power outweigh any complications associated with the construction of wind farms, which is the reason for the proliferation of such structures in many developed countries.
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Solar Energy advantages, disadvantages and UK incentives
While solar power has a reputation for being available and affordable, the vast range of possibilities is often still poorly communicated to the general public. In addition to standard solar panels, there are also solar thermal technologies, which are increasingly gaining attention as viable alternatives to fossil fuels.
NEWS
Envirotech Energy Solutions at the Solar Power Portal Awards 2018.
We attended the Solar Power Portal Awards 2018 and were proud sponsors of the Best Financial Transaction of the Year Award which was awarded to Lightsource BP.
NEWS
Envirotech Energy Solutions visit Sungrow Samsung, China.
The co-founders of Envirotech Mr. Christopher Hill and Mr. Steve Wheeler met with the Vice President of Sungrow Samsung James Wu for a consultation on using Sungrow Samsung batteries.
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