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Market Insight

Ofgem’s Targeted Charging Review will significantly affect the business case for behind-the-meter storage in the United Kingdom

February 12, 2019  | Subscribers Only

Tala Bassil Tala Bassil Research Analyst, Solar and Energy Storage, IHS Markit
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On 4 February 2019, Ofgem closed its Targeted Charging Review (TCR), a consultation published in November 2018 on changing the method for recovering transmission and distribution network costs. With implementation expected from 2021, IHS Markit believes that the long-term business case for behind-the-meter storage will have to adapt as the benefit of lowering consumption during peak electricity demand periods, including Triads, will reduce. 

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