U.K. will open elec­tric grid to bat­ter­ies

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

LON­DON — The U.K. govern­ment set out plans to help en­ergy con­sumers and in­dus­try save as much as $52 bil­lion on their bills by open­ing the elec­tric­ity grid to bat­tery stor­age de­vices and spurring low-pol­lu­tion power plants.

The Depart­ment for Busi­ness, En­ergy and In­dus­trial Strat­egy out­lined plans to in­vest $320 mil­lion in bat­tery tech­nol­ogy re­search. It will also amend the law to de­fine power stor­age as a form of gen­er­a­tion, a step re­quired to en­cour­age in­vest­ment in the tech­nol­ogy.

Plans would tweak the 1989 Elec­tric­ity Act, which will make it eas­ier for in­vestors to back en­ergy stor­age projects seen as key to al­low­ing greater amounts of re­new­able en­ergy onto the grid.

“It’s go­ing to al­low house­holds to ag­gre­gate via ser­vice com­pa­nies, so in­di­vid­ual house­holds can start to act as a big block of en­ergy stor­age,” said Charles Brad­shawSmith, co-chief ex­ec­u­tive of­fi­cer of Smartk­lub Ltd., a com­pany that’s work­ing with Not­ting­ham City Coun­cil to in­stall a bat­tery on a green hous­ing project.

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