What does the battery energy storage market in GB mean for the planet

Many of the products and devices we use every day have a huge impact on the planet. We often don’t think much about environmental consequences, but they can be significant if you don’t keep them in check.

Batteries are among the devices that have an enormous negative impact on the planet. An increasing number of people are beginning to reconsider the amount of batteries they use for their various products. Friends of the Earth talks about some of the problems that batteries create. With the lithium-ion industry’s annual energy production expected to grow from 100 gigawatt-hours (GWh) to nearly 800 GWh by 2027, concerns about problems will continue to rise.

Great Britain is home to a rapidly growing battery market. It is important to understand the state of the battery market in this country and the effects it will have on the planet.

What is the state of the UK battery market and how is it harming the planet?

We will discuss the potential environmental impact of the UK battery market. However, it is important to first put it in context by understanding its scale.

There are already world class battery research specialists and reputable companies in the UK. It is also an exciting moment for Great Britain to stock up on battery power post-Brexit, according to the esteemed Faraday Institute.

The country is in a good position to take the lead in the development of lithium, sulfur, salt ion and other types of advanced batteries. For several years now, Great Britain has gained international recognition as a low carbon industrial destination. In 2021, Britain is ranked fourth on the EY Renewable Country Attractiveness Index, after France and Germany.

But let’s talk about everything in more detail.

Market review

The energy storage systems (ESS) industry in Great Britain is expected to grow at over 21.34% CAGR at the end of 2022, totaling 292.3 MW.

The blood pandemic had an unfavorable impact on the industry in 2020. At this point, the sector has returned to pre-pandemic rates.

  • The long-term growth of the market is expected to be fueled by expansion in the field of sustainable energy sector, government regulations, support programs for ESS, and raising the economics of energy storage (ES).
  • Conversely, starting in the spring of 2019, the FiT shutdown and other aid strategies in the country have made it more difficult to adopt rooftop solar systems, which could hurt market expansion and is one of its primary challenges.
  • Over the projected time frame, growth potential is expected to develop as ESS usage increases in the business and industrial sectors.

General directions

ESS battery is expected to be very popular. Many of the environmental concerns about batteries are valid, but there are also clear benefits. For example, new batteries help store energy made from renewable energy. New generations of rechargeable batteries are also better for the planet.

Evolving towards a sustainable energy system, batteries are seen as a necessary technology. Battery energy storage (BS) options are used for additional power sources, peak usage reduction, renewable energy integration (RE), voltage, and frequency management. ESS relies heavily on batteries, which also charge about 60% of the total service cost.

Due to their lower costs, lithium ion batteries have recently become very much in demand in the ESS sector in the UK. Moreover, Li-ion batteries are expected to have the largest ES battery market share due to their low maintenance requirements, light weight, long cycle times, high energy density per size, and favorable charge/discharge efficiency.

according renewables in the UK, the number of projects related to environmental services in the UK increased from an estimated 1,059 in 2021. More than 20 GW of storage capacity will be available for public standards by 2021, and 800 projects will be in the process of being built or commissioned in the UK. To facilitate the integration of more low carbon energy, heat and transport, adaptable technology such as batteries has the potential to become a component of the UK’s enhanced grid. This is estimated to sustain the industry in Great Britain by growing to $60 billion by 2050.

Some of these advances in battery storage are driving the future of sustainability. For example, Sembcorp intends to complete the largest ESS business initiative for lithium-ion batteries in the UK in December 2021. Wilton International in Teesside is expected to host the construction. The first phase of the project will be completed by Sembcorp by 2023, while the remaining parts will be completed over time. The 360 ​​megawatts of storage capacity will likely be available in one location once completed, as Sembcorp has free land and infrastructure set up to build the batteries. Thus, during the programmed period, it is likely that such upcoming initiatives will lead to an increase in the UK’s need for batteries.

As a result, in May 2021, RES said it had secured approval for a 99.9MW storage plant which is due to be commissioned by the end of 2023. The Campaign, a lakeside energy storage facility, is located in the Selby borough of North Yorkshire. Under the utility battery initiative, energy from the electricity grid will certainly be stored during periods of low demand and plenty of renewable energy output and returned to the system during periods of high demand and little renewables production. Thus, within the expected time frame, it is likely that such upcoming initiatives will lead to an increase in battery consumption in Great Britain.

Therefore, the demand for ESS battery is expected to increase throughout the forecast period due to future ES programs in the country and the requirements for integrating renewable energy sources into the electrical grid.

The need for ES devices will increase as the renewable energy sector expands.

ES requirements for use in periods of peak demand arise from the intermittent and variable production of electricity from renewable resources such as wind and sunlight.

As a result, the cutting-edge ESS is increasingly being included in sustainable energy initiatives. Possibly one of the fastest growing drivers of the ESS industry in the UK is the fastest growing renewable energy sector.

With an accumulated renewable energy generation of about 49.44 GW in 2021, renewable energy capacity has increased significantly recently. In 2021, renewables will produce more than 42% of the country’s primary energy requirements, up 129% from the total of 53.21 TWh in 2013.

Beneficial government regulations, lower costs for wind and solar equipment, and agreements to reduce a country’s expanding carbon footprint are a few of the key elements that promote capacity expansion.

The British government has decided not to raise company prices in November 2021 for solar photovoltaic, energy storage and other renewable energy technologies. The regulation will come into force in April 2023. The campaign will encourage companies to increase the use of renewable energy due to reduced investment needs. Rooftop photovoltaic solar panels, combined use of batteries, and renewable energy sources are examples of technologies covered by the law. Over the past five years, the country’s largest companies have been working on these reforms.

In May 2022, ABB and Ecotricity announced their collaboration to build a 10MW battery storage center at Ecotricity’s 6.9MW wind farm in Gloucestershire in 2023. The ES’ 10MW/20MW lithium-ion system will be used in the project. Lithium-ion batteries will be provided by KORE Power, while BESS will be controlled by ABB’s Storage OS for power management.

Thus, the sustainable energy industry is expected to witness significant expansion during the projection period thanks to the subsidies from the government, energy protection effects, and cost reduction, which will increase the need for photovoltaic technologies.

The growing battery market has environmental impacts that are not clear in the UK

What is the secret behind the increase in energy storage in the UK? The recovery of green investment has been made possible by the recent political promises made by the country’s authorities.

The UK’s Energy Security Policy 2022, which is based on the country’s “Clean Zero Strategy”, is at the forefront of these policies. This is intended to attract 100 billion pounds sterling in private financing. This made the environment more suitable for ES.

The long-term goal is to promote a green energy investment environment in which the social environment plays an important role in developing the country’s infrastructure.

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