Powersystems reviews growth for Battery Storage Systems

February 7, 2023

Powering the transition to a carbon free future, Powersystems reviews 4 key drivers of market growth for Battery Energy Storage Systems (BESS).

The UK market for battery energy storage systems has experienced significant growth in recent years, driven by several factors including:

1. Increase in renewable energy generation: The growth of renewable energy sources such as wind and solar has led to a corresponding growth in demand for energy storage solutions

2. Government incentives: The UK government has introduced various incentives and subsidies aimed at promoting the adoption of renewable energy technologies, including energy storage systems including:

  • Contracts for Difference: This CfD scheme provides long-term contracts to low-carbon power generation projects, including battery energy storage systems, to support their development and growth.
  • Smart Export Guarantee: This scheme provides financial incentives for households and businesses that generate renewable energy and export surplus power back to the grid. The Smart Export Guarantee (SEG) launched on 1 January 2020 and is a government-backed initiative. The SEG requires some electricity suppliers (SEG Licensees) to pay small-scale generators (SEG Generators) for low-carbon electricity which they export back to the National Grid, providing certain criteria are met.

These incentives are designed to support the growth of the battery energy storage market and encourage the adoption of renewable energy technologies in the UK.

3. Declining costs: The cost of battery storage technology has decreased significantly in recent years, making it more accessible and cost-effective for consumers and businesses

4. Improved grid stability: Battery energy storage systems can help improve grid stability by providing backup power and balancing supply and demand.

  • Frequency regulation: They can quickly absorb or inject electricity into the grid to balance fluctuations in supply and demand, thus maintaining a stable frequency
  • Peak shaving: Battery storage systems can store excess electricity during off-peak hours and release it during peak demand, reducing the need for additional power plants to meet peak demand
  • Grid stability: They can provide backup power to the grid during power outages and other grid disruptions, ensuring stable and continuous power supply
  • Renewable integration: Battery storage systems can store excess renewable energy generated during periods of low demand and release it during periods of high demand, allowing for a more reliable integration of renewables into the grid

By providing these services, battery storage systems can enhance grid stability, reduce the need for conventional power plants, and improve the integration of renewable energy sources.

Overall, the UK battery energy storage market is expected to continue its growth trajectory in the coming years, driven by ongoing developments in technology and increasing demand for renewable energy.

Notes to Editors:

Contact Information:

Powersystems are powering the transition to a carbon free future

As a high voltage specialist electrical engineering company with over 46 years (1977-2023) experience Powersystems have grown by reputation to become a trusted force in the design, installation and commissioning of electrical infrastructure across the UK.

Celebrating 26 years as the first Lloyds National Electricity Registration Scheme ‘s accredited Independent Connection Provider (ICP), Powersystems are capable of delivering contestable grid connections at voltages up to 132 kV.

Since 2000, Powersystems have connected over 6 Gigawatts of renewable energy generation to the UK electricity grid, along with decarbonisation technology which includes; wind energy projects, solar, anaerobic digestion, hydroelectric, electrical vehicle infrastructure, short term operating reserve STOR, combined heat and power (CHP), Grid stability projects like rotating stabilisers,  and battery energy storage systems (BESS) as well as commercial industrial private wire networks.

Working with partners, delivering sustainable power solutions, proudly the Powersystems high voltage specialist team have connected 30% of all U.K. onshore wind farms.

At the core of the operation is a commitment to the highest values of health and safety, welfare, quality and the environment. Powersystems Integrated management systems are ISO accredited and their approach under their health and safety ‘Priority No.1’ brand is to aim for the best industry practice in all.

Powersystems UK Ltd. is an Employee-Owned Business and as such has a keen interest in the well-being of all its employees. They encourage and empower you to be imaginative, share great ideas and be involved in the success of the business.

Speak to Powersystems today

You can contact us as follows