The UK pipeline of battery projects has increased by two-thirds in the last year, going from 57.1GW to 95.6GW.
RenewableUK’s EnergyPulse Energy Storage report shows that the total pipeline of battery projects (operational, under construction, consented or being planned) has enough to fully charge more than 2.6 million electric vehicles, and an increase of 67.4 per cent (38.5GW). This is the second consecutive twelve month period in which the pipeline has Increased by this percentage.
Operational battery storage capacity has grown to 4.4GW, and the capacity of projects under construction has reached 4.3GW. A further 30.4GW has been consented, 26GW has been submitted in the planning system and 30.4GW is at an early stage of development, but yet to be submitted.
RenewableUK’s Barnaby Wharton said: “It’s great to see that, for the second year running, the UK’s battery storage pipeline has grown by two-thirds within the space of twelve months. The appetite among investors to enter this rapidly growing market remains enormous.”
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