Ready and waiting: Opportunities for energy storage

As the UK transitions towards net zero, the increasing share of the energy generation mix coming from renewables is resulting in greater intermittency of generation, leading to a growing system need for flexible dispatch solutions.

Produced in conjunction with DLA Piper, this report provides a background to energy storage and considers the main revenue streams and routes to market before going on to set out the challenges for electricity storage assets in Great Britain (GB) and concluding with the future opportunities and key considerations for investors.

Related thinking

Home supply and services

Decarbonising healthcare: opportunities and challenges

In order for the UK to meet its commitment to a net zero economy by 2050, all sectors will be required to reduce their carbon emissions. In this paper, we set out some of the main options for decarbonising heat and power in the healthcare sector, and the typical advantages...

Home supply and services

The power of flex: Rewarding smarter energy usage

The research underpinning this report aims to understand the financial and environmental benefits of household flexibility for consumers and the national energy system. We have analysed the difference between a scenario where households participate in flexibility, and one where they don't. Our analysis covers three time periods (2025, 2030 and...

Low carbon generation

Is Germany going green? Charting Germany’s energy transition

Using exclusive insights from our new North West Europe Benchmark Power Curve, our insight paper assesses the impact of the energy crisis on Germany’s net zero ambitions and attainment. Current and future policy decisions are unpacked and evaluated to determine their impact on the net zero investment landscape, with the...

Energy storage and flexibility

Co-location, co-location, co-location

As the UK transitions to net zero, the energy generation mix will become increasingly dominated by intermittent renewable generators, thus promoting a need for greater flexibility within the energy system. Setting up a new site, especially for storage assets, is currently a long and often costly process. Co-location is where...

Low carbon generation

MCS Charitable Foundation – Hydrogen Costs

MCS Charitable Foundation (“MCS”) in its charity goal of decarbonising homes, heat and energy has commissioned us to calculate the costs of blue and green hydrogen, based on current and projected gas prices. This report sets out our methodology for this forecast, and our findings in terms of delivered prices...

E-mobility and low carbon

Battery-as-a-Service: an underexplored opportunity?

At the back end of 2020, the government published a plan to put an end to the sale of new petrol and diesel cars in the UK by the end of the decade. While welcome news for many, this target – the most ambitious in the G7 – brought into...

Net zero corporates and ESG

Unlocking net zero strategies for business

An increasing number of businesses are looking to reduce their emissions and become sustainable to align with the government’s net zero strategy. Setting targets is crucial for companies with complexity across sectors, technologies and business structures. This paper, in partnership with Shoosmiths, explores the potential routes to decarbonisation that businesses...

Business supply and services

Industrial decarbonisation key for UK low carbon hydrogen

Hydrogen has an important role in decarbonising the industrial sector; simultaneously, industries need to redesign and reinvent their processes to use hydrogen. Low carbon hydrogen should be adopted in applications with maximum emission reduction potential to maximise its decarbonisation potential. Read here Training on Net zero transition: Low carbon heat...