Energy storage systems report
Published: July 2012
Strategic Assessment of the Role and Value of Energy Storage Systems in the UK Low Carbon Energy Future.
Carbon Trust commissioned a study from Energy Futures Lab that would address some of the key questions in relation to the future role of electricity storage in the UK. This resulted in the report, Strategic Assessment of the Role and Value of Energy Storage Systems in the UK Low Carbon Energy Future.
The study set out to answer three key questions:
- What are the cost targets and scale of deployment?
- What are the benefits of storage across different time scales and different sectors of the system?
- What type of storage delivers the highest value and where should it be placed on the network?
The whole-systems cost minimisation approach used by the team found energy storage technologies will be vital in a low carbon energy system that has a large generation contribution from renewable sources. They also found further benefits to several sectors in the electricity industry including generation, transmission and distribution, demand and supply balancing, network congestion management and system reinforcement.