Disruptive Technology for Energy Storage to Steel Production
The progress of global deployment and commercialization
Vanadium, Iron and Titanium recovered from Multiple Sources Efficiently and Sustainably
Development VTM Resource with 22.5km Geophysical Footprint
Former Crown Asset With Over 60yrs of Development next to Blackrock Metals Proposed VTM Mine and Concentrator
Copper Gold Exploration Projects and Royalties Available For Option or Sale
The Future of Sustainable Energy
Reusable and Lowest Cost Battery Electrolyte without Carbon
Current Demand and Price for Vanadium
Board of Directors, Advisory Board & Technical Team
Green process technologies to unlock critical metal supply
Strategic Partners and Memberships
Current Mandates and Pending Developments
Code of Business Conduct and Ethics
Presentations about Vanadium, Redox Battery Flow and more
14 September 2017
Anesco operates three solar farms in the UK where battery storage arrays were already installed, storing solar energy generated during the day ready for dispatch during evening periods of peak demand helping stabilising the grid.
The farms are located in Northampton, Chesterfield and Stratfford-upon-Avon.
Each 5MW site is accompanied with a 1.1MWh battery.
Anesco said that the decision represents a landmark moment for further deployment of energy storage technologies, since the move confirms that solar farms operators will receive subsidies for both energy sent to the grid, as well as energy used to charge batteries.
Steve Shine, Executive Chairman of Anesco, said: “This decision is a game changer for the UK’s energy storage market”.
He added: “Ofgem has firmly cemented energy storage as being a vital part of the solution to keeping the country’s lights on’”.
The Renewables Obligation subsidy scheme is one of the main governmental policies to encourage renewable energy technologies.
Eligible generators are accredited Renewables Obligation Certificates (ROCs) for the electricity that they generate.
They then sell the ROCs to licensed electricity suppliers who are obligated to show compliance with the scheme.
Luke Hargreaves, Ofgem’s Head of Renewables and Renewable Electricity explained that the regulator has realised that “the arrangements that are in place at several commercial scale installations allow for ROCs to be claimed on all the renewable electricity generated, including any that is used to charge the storage devices”.
He added: “Battery storage can assist with system balancing and save consumers money by matching supply and demand”.
“It has the potential to play an important role as Britain makes the transition to a low carbon, smarter and more flexible energy system”.
The decision is part of Ofgem’s plans to encourage the roll out of battery storage, as announced in the Smart Systems and Flexibility Plan a few months ago.
In the plan the UK government mentioned that it intended to define storage as a distinct form of generation in licensing and legislation, and enable storage facilities to stop paying certain levies charged to end users.
Ofgem, in collaboration with the UK Government, is expected to publish a bespoke guidance on key storage considerations under the Renewable Obligation and Feed-in Tariff schemes later in 2017.
Enter your email address below to start receiving VanadiumCorp and related Industry news directly.
We're here to answer your questions. Contact us by phone or email.
© 2019 VanadiumCorp Resource Inc., all rights reserved • Site Map • By Line49 Web Design, Vancouver BC