Battery Energy Storage Systems (BESS)
Battery energy storage systems are becoming an integral part of the green grid, helping provide a range of services to the National Grid as it transitions to supplying green energy to homes and businesses across the UK to improve the efficiency and energy security of the green grid. Strutt and Parker’s Energy Team has huge experience and understanding of the market to offer its clients across the country in option an lease negotiations with battery energy storage system developers.
There is growing interest and opportunity around using batteries to store energy. With the ever increasing production of intermittent electricity from renewable energy, particularly from sources such as solar and wind, there is a growing need to be able to store energy to use at times of higher demand.
The technology for battery storage of energy is still developing rapidly. How it can be deployed in practice is something that we expect to continue to evolve.
From 2016 through to early 2018 demand from developers grew for sites on which to develop battery storage that could be connected to the electricity grid. There were also ideas to put batteries on solar farm sites. Following Government policy change in 2017 this demand has reduced significantly. However, we expect it will appear again, in the way that solar PV had an early wave of development and then a later boom.
The Energy Team can assist land owners who are approached by developers looking for sites on which to develop this technology.
At the smaller scale if you already have a roof top solar PV array or a wind turbine directly generating and supplying intermittent electricity to your property then exploring energy storage will be a way to ensure that you get better value from it. The cost v benefit is not quite there but is rapidly approaching a point where installations will be worth implementing.