Policy and Economics

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 transition to low-carbon. The policy and regulatory environment is especially important for energy storage, as the value of energy storage is spread across different markets and it will rise as intermittent generation increases, However, it is challenged as it is not well recognised in the current market mechanisms.

The centre’s activity will include analysis of energy policies and markets to enable the take-up of energy storage, considering UK and global cases. Work will also explore the techno-economics of energy storage in energy systems at national and local scales

Reseach projects

 

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.

People

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.

Publications