Energy storage could save UK electricity system £2.4bn by 2030

Madeleine Cuff
clock • 5 min read

New DECC-backed analysis from Carbon Trust suggests energy storage could save the UK households £50 a year by 2030 - if the market conditions are right

Energy storage systems could unlock £2.4bn of annual savings across the UK electricity system by 2030, if a range of market barriers are removed to allow the technology to reach its full potential, according...

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

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Infrastructure

Ambitious heat network rollout could save UK £161bn by 2050
Infrastructure

Ambitious heat network rollout could save UK £161bn by 2050

District heating networks promise to cut generation costs and require less investment than individual air source heat pumps in every scenario tested by ADE Heat Networks

Stuart Stone
Stuart Stone
clock 25 February 2026 • 3 min read
Vattenfall secures green light for all-electric Bristol heat network
Infrastructure

Vattenfall secures green light for all-electric Bristol heat network

Plans approved for giant heat pump at Bath Road Energy Centre that promises to provide low carbon heating and hot water to thousands of homes and businesses

James Murray
James Murray
clock 24 February 2026 • 2 min read
CCUS: Report warns carbon capture projects still face challenging 'financing gap'
Infrastructure

CCUS: Report warns carbon capture projects still face challenging 'financing gap'

Sustainable Markets Initiative sets out roadmap for the finance sector to better support carbon capture utilisation and storage development

Michael Holder
Michael Holder
clock 19 February 2026 • 4 min read