Some clear thinking emerging from the UK Energy and Climate Change Committee, who have called for changes to the regulatory regime to permit the storage market to flourish, and said that these are urgently required. Not news to anyone in the sector, but good to see that policy voice starting to shout.
Even more encouragingly, the recently-released report reflects the recommendations of previous studies by the ADE and KPMG by stating that storage installations should be exempt from balancing charges and "from all double-charging of network charges".
Whilst this is positive news, we await the forthcoming consultation on Charging with even more interest, and perhaps a modicum more optimism.
The U.K. Energy and Climate Change Committee, a parliamentary group including MPs from all parties currently in the UK Parliament, published its first report from the current session on Low Carbon Network Infrastructure on Friday. The report examined the three ways to tackle the variability in renewable power generation: energy storage, demand side response (DSR) and electricity interconnectors with foreign energy markets. With regards to energy storage specifically, the Committee reports that “the current regulatory conditions for storage are hindering its development” and has therefore asked the government to proceed with its storage consultations “with a sense of urgency,” while also “exempting storage installations from balancing charges, and from all double-charging of network charges.”