How to sell energy storage tanks in the uk

Can I buy or sell a property with an oil tank?

If you have any queries about buying or selling a property with an oil tank please call 01242 574 244 and ask for our Residential Property Team who will be delighted to assist you. If you're purchasing a property with a domestic oil storage tank or considering selling one with such a tank, this article is essential reading.

What is UK energy storage?

UK Energy Storage by the REA is the trade body for storage technologies of every type and scale in the UK, whatever the application. The body exists to further the aims of energy storage companies and establish a clear marketplace and policy framework.

What is an oil storage tank?

Essentially an oil storage tank is a container used to hold oil before it is used, for a domestic property the oil is generally used for heating the property. It’s important to know and understand the type of tank and the pipework arrangement. Based on the location of tank and its use, it can be classified as a surface, above or underground tank.

How can storage technology benefit the UK energy system?

Storage technologies are able to absorb and release energy when required and provide ancillary power services which help benefit the power system. The storage industry can therefore deliver tremendous benefits for system stability and security of supply as well as helping to decarbonise UK energy supplies.

Who develops UK energy storage projects?

Major companies developing UK energy storage projects include EDF, Pivot Power, Statera, and RES. Each company is active in several power supply and flexibility markets, providing services to National Grid, Distribution Network Operators (DNOs), and operating in the wholesale energy markets.

Could energy storage save the UK a billion a year?

The landmark National Infrastructure Commission Report ‘Smart Power’ projected a possible £8 billion saving to the UK, per year, by 2030 if storage and flexibility measures are introduced on a large scale. This also highlights the role of energy storage as one of a range of measures for increasing flexibility.