Battery storage is one of the most exciting technologies at the forefront of our transition to a smarter, low-carbon energy system.
Independent generators are already installing commercial-scale solutions, allowing them to store intermittent solar and wind energy to sell when it is most profitable. Storage projects can also earn money by providing a range of other National Grid services, such as Enhanced Frequency Response (EFR) or Firm Frequency Response (FFR).
Commercial agreements for battery projects
We can provide route-to-market or tolling agreements to support standalone, co-located or supply-side batteries engaging in any revenue stream. We developed the UK’s first supply and offtake agreement for battery storage with UK Power Networks, so we are already experienced in this emerging market.
> Read the UKPN case study
Watch our latest battery storage webinar to see illustrative revenue models for different battery project configurations:
To discuss your battery storage project with us, please call 01473 234157 or email us here.
Video: The battery storage opportunity
Find out more about how generators and consumers can use battery storage to create additional revenue streams in our short video:
Report: Making the commercial case for battery storage
SmartestEnergy consulted 45 battery storage developers to explore the barriers they face to commercialisation. Download our "Making the commercial case for battery storage" report to find out the latest expert insight on:
- The revenue streams and opportunities for standalone, co-located and behind the meter batteries
- Business case challenges such as limited availability of grid contracts and short contract lengths
- How double-charging of environmental levies could limit profitability
- The role of suppliers and aggregators
Our report was published before the results of National Grid's first Enhanced Frequency Response (EFR) auction were released on 26th August 2016. In the auction, eight projects (total of 201MW) won EFR contracts, at an average price of £9.78/MW.
Download the report by filling out the form below and we will also email you a copy.