Energy storage economically viable within five years

BusinessGreen staff
clock

Report finds drop in battery prices will bring more green electricity on to grid and cut business energy bills

Large-scale energy storage technologies could play a major role in electricity grids by 2016, according to a report that predicts the falling cost of storage systems will help accelerate the rollout of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Why has NESO stripped batteries from many UK solar and wind projects in the grid queue?

Why has NESO stripped batteries from many UK solar and wind projects in the grid queue?

Pairing solar and wind farms with grid-scale battery storage can help protect against future energy price shocks - removing batteries from hybrid projects is a therefore strategic mistake, queries Low Carbon's CEO Roy Bedlow

Roy Bedlow, Low Carbon
clock 01 May 2026 • 3 min read
Electricity projects totalling 221GW removed from Britain's grid connection queue

Electricity projects totalling 221GW removed from Britain's grid connection queue

Changes designed to unclog bottlenecks in the long queue for securing a grid connection in Britain have 'created a clearer and more credible pipeline', Ofgem and the government claim

Michael Holder
clock 19 April 2026 • 4 min read
Government confirms £195m green heat network funding for England and Wales

Government confirms £195m green heat network funding for England and Wales

The Green Heat Network Fund (GHNF) expands to Welsh projects for the first time

clock 07 April 2026 • 3 min read