Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 34
34
Paragraph: 158
Long-duration energy storage deployment faces barriers and lacks sufficient policy prioritisation
Conclusion
The deployment of long-duration energy storage is essential to ensuring that a zero- carbon power system can operate 24/7, 365 days a year. These projects are capital intensive and face barriers to deployment due to a lack of long-term market signals. The Government’s 2024 ambition to develop appropriate policy to enable investment in these technologies is welcome, but we are concerned that this has not been made enough of a policy priority.
Paragraph Reference:
158
Government Response
A response document is linked to this report, dated 14 July 2023. Response attribution to this conclusion has not been verified. Read the response document ↗