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Market Insight

Highlights from Battery and Energy Storage 2018

December 21, 2018  | Subscribers Only

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Members of the energy storage team attended ‘Battery and Energy Storage’ in Warwick, United Kingdom on the 4th and 5th December 2018. Stationary energy storage, electric vehicles and the development of battery technologies were discussed during panel discussions and keynote presentations, with a focus on the industry’s development in the United Kingdom:

Key Points

  • Given the saturation of frequency regulation markets, developers and integrators need to ensure project flexibility to access future revenue streams, such as optimisation against imbalances.
  • There is growing pressure on battery companies to ensure supply chain security, system safety, ethical raw material extraction and to develop end-of-life solutions for batteries.
  • The number of electric vehicles (EVs) on the road is quickly increasing, and will continue to rise, requiring a wider network of charging infrastructure to reduce range anxiety for drivers.
  • The forecasted increase in electric vehicles will amplify the need for network reinforcement and system flexibility.

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