The commercial deployment of energy storage technologies will be dependent on viable business cases being made. Studies show that energy storage can reduce the energy system costs of the transition to low-carbon. The policy and regulatory environment is especially important for energy storage, as its value is spread across different markets, will rise as intermittent generation increases, and is not well recognised in current market mechanisms.
This theme analyses energy policies and markets which could enable the take-up of energy storage, considering UK and global cases. It will also explore the techno-economics of energy storage in energy systems at national and local scales.
TSB emerging energy technologies feasibility study: Economic analysis of liquid air-diesel hybrid small scale generation.
FCO Prosperity fund: comparative analysis of UK and Korea energy systems and opportunities for storage.
Dr Jonathan Radcliffe is a Senior Research Fellow, working across the Engineering and Physical Science College, and Business School. His research interests lie in technology, policy and market options for energy system flexibility, in particular the role of energy storage.
‘Liquid Air in the energy and transport systems: Opportunities for industry and innovation in the UK’, Centre for Low Carbon Futures (2013)