The UK is number two in Europe for large-scale battery storage. There, the provision of grid storage by companies is also actively funded through a statutory capacity payment mechanism. In addition, there are ambitious national expansion targets for energy storage - 24 GW by 2030.
Large battery storage systems in Europe are all the rage
SolarPower Europe expects grid storage to grow to 3.7GWh by 2024 (82% of the UK battery storage market) and to 4.7GWh per year by 2028 (65% of the UK battery storage market).
To learn more, don't miss our daily focus on the UK next week at 18:00, Monday to Thursday. (hcn)
