Around 30 GigaWatts of the UK’s older fossil fuel and nuclear capacity is due to be de-commissioned by 2025. At the same time, more and more of us are taking delivery of our first electric car, pulling away from the lights much faster than the petrol heads whilst fuelling a significant increase in the national electricity demand.
Furthermore, with the advent of renewables, the problem of balancing supply and demand within the National Grid is become ever more challenging, leading to periods of excess demand and ‘negative electricity prices’.
And with all this comes an increasing expectation of power cuts, grid constraints and increasing electricity costs.
Enter battery storage, and in particular, home battery storage. And smart meters, and smart electricity tariffs.