In this week’s Net Hero Podcast, Sumit Bose spoke with Highview Power’s Rupert Pearce about the role that energy storage could have in lowering our bills.
Following Ofgem’s announcement that the price cap would rise to £3,549 this October, many are scrambling for the best way to cut this cost and level out energy prices never before seen in the market.
Earlier this week, the European Commission announced its desire to separate the electricity and gas markets in an attempt to ensure electricity prices reflect the price of renewables, rather than gas – what is the UK doing?
At a time when energy costs a premium, how can we let “more than 3TW of offshore wind” go to waste “because the demand isn’t there to take it when the wind blows?” – as Mr Pearce explains will happen this year.
Could the real answer to cutting this cost actually lay in energy storage?
Highview…
Energy storage will deliver ‘tens of billions of pounds a year’
