Does the uk have a bright future for battery storage

Is the UK a good place to invest in EV batteries?

The country has become a key player in the global EV battery sector, with 83+ startups raising over $2.4bn in venture capital investment since 2018 and now valued at more than $3bn. The UK ranks fourth globally for EV battery venture capital investment and second by number of investment rounds since 2018.

How much battery storage capacity does the UK have?

The UK’s total battery storage project pipeline currently contains a total of 127GW of capacity. Figure 1 demonstrates the amount of capacity at each development stage as a proportion of the total pipeline. 8% of the capacity pipeline in the UK is operational or under construction, with 31% approved and yet to begin construction.

Is the battery storage pipeline growing in the UK?

This report will be launched to coincide with Clean Power Grid Conference 2025, 1 May 2025 at the IET, London. Overall though, the breakdown of the battery storage pipeline in the UK indicates a position of growth, with a large proportion of the pipeline capacity in early development, in planning and consented stages.

What are the benefits of battery storage?

Effective use of battery storage will also provide energy system cost savings and benefits for businesses and consumers by enabling energy that is produced at times of high generation be stored and used during peak demand times.

What is a battery energy storage system?

As renewable capacity is added to the grid, the need to store and flexibly manage electricity grows with it. This is where the crucial role of battery energy storage systems (BESS) come into play, storing and releasing energy for when it’s needed most. We look at what’s happening with the growth of BESS in the UK.

How much battery capacity will the UK have by 2025?

By the end of 2025, cumulative UK installed grid battery capacity is set to reach 8GW. While speeding up grid connections is welcome, simplifying local planning policies is equally crucial.