Power

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.

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Joined up approach needed to convert EV ambition

The PwC report – ‘Charging Ahead’ – says that, as low carbon policies continue to gain momentum, these have been accompanied with a number of high profile industry and government announcements. These include a pledge of over £500 million in the Autumn budget to support charging research and a national charging network. while several large private companies, including Shell and Southern Rail, are planning investments in EV charging operations.

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