London power storage technology

What is long-duration energy storage?

Long-duration energy storage technologies store excess power for long periods to even out the supply. In March 2024, the House of Lords Science and Technology Committee said increasing the UK’s long-duration energy storage capacity would support the UK’s net zero plans and energy security.

What is the long duration energy storage Investment Support Scheme?

Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects. The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure.

Why should the UK invest in energy storage?

With storage, it can develop sufficient offshore renewable generation to be more energy self-sufficient and better insulated from future global shocks. The UK could export its hydrogen and sell its energy storage capacity and expertise internationally if it develops a leading position. (Paragraph 14)

What has the current government said about long-duration energy storage?

In its manifesto, the Labour Party said it would “ensure we have the long-term energy storage our country needs”.

What technologies can be used for energy storage?

Other technologies include liquid air energy storage, compressed air energy storage and flow batteries, which are currently in development and would benefit from investor support. Large scale storage provides the grid with both security and flexibility to dispatch electricity to manage seasonable peaks or low renewable output over a period of time.

Why is domestic energy storage important?

Domestic energy storage is not just about a resilient decarbonised grid—it is about the security and stability of the whole economy. The global energy crisis that began in 2021 has been an object lesson in the UK’s vulnerability to global wholesale energy price fluctuations, and the consequent effects on inflation.