The Confederation of British Industry (CBI) believes there is mutual benefit to both the EU and UK maintaining as close a relationship as possible post Brexit, but strong concerns remain about funding and membership of Euratom, following Britain’s departure.
The end of May saw Pivot Power announce plans to build 2 GW of battery storage for the UK’s power transmission network.
Power and utilities (P&U) deals globally reached an all-time quarter high of $97 billion (EUR 83.4bn) in the first quarter (Q1) of 2018, according to EY.
Modelling can play a crucial role in identifying the optimum level of energy storage for a project. A key factor when planning energy storage systems (ESS), for example for a microgrid, is to determine the expected cost savings and performance benefits provided by various ESS configurations.