Customers

JV offering businesses battery storage deal

The joint venture will install and operate batteries for medium and large energy users free of charge in return for a share of revenues. According to the JV, once the battery is installed, customers will see immediate cost savings from avoiding premium-cost peak energy charges and income from providing flexibility services to the grid.

JV offering businesses battery storage deal Read More »

Investment in V2G

A year ago the future dominance of electric vehicles would have been regarded by many as an “if” not “when”. But in the interim we have had a conveyor belt of announcements by automotive manufacturers, governments and even petrochemical companies with hard commitments to this agenda. The debate has now flipped to one of how quickly this transition will now occur. The mid 20s are talked of as the boom time, but with EV battery capacity rising at an extraordinary rate and the choice of vehicles increasing almost monthly, this could come sooner. EV affordability is also much less of an issue than most people appreciate as in the region of 90 per cent of new EVs are “bought” on surprisingly competitive personal lease deals.

Investment in V2G Read More »