Queequeg Renewables plans to deploy 2GWh battery ESS in the UK

　　The Danish renewable energy consultancy K2 Management issued a warning in a research report a few days ago that if the UK does not provide more financial incentives to promote energy storage deployment, it may not be able to achieve the goal of adopting 100% clean energy by 2035.

　　K2 Management Company called on the British government to introduce incentives to attract investors to provide funds for the deployment of large-scale energy storage systems to upgrade solar and wind power assets to a level sufficient to meet the country's energy needs. An analyst at the company pointed out that another solution might be to establish a Contract for Difference (CfD) mechanism, similar to a system that guarantees the return of solar power generation facilities, without putting public finances into the risk of excessive losses.

　　Compared with the message conveyed by the UK, the host of the COP26 climate change summit, which is keen to demonstrate its clean energy qualifications, K2 Management recently issued a press release stating: “The growth of renewable energy in the UK is at its lowest level since 2010. "

　　The company also called on the UK to take new measures to accelerate the development of wind power, and pointed out that the lack of energy storage incentives has largely affected the UK’s clean energy power supply in ten years’ time.

　　Gary Bills, the company’s project manager for Europe, Africa and the Middle East, said: “In addition to setting the plan for wind farms, the UK also needs to deploy more energy storage systems. In the past few weeks, the renewable energy industry It has been criticized for its high energy bills. But renewable energy can only start to make meaningful contributions by substantially increasing incentives and expanding its potential."

　　To this end, we must incentivize investment in energy storage technology-through rate expansion or CfD mechanisms, which allow us to deploy energy storage systems in new and existing wind farms and solar farms. And provide clean energy in the intermittent power generation window of renewable energy.

　　In addition, it is reported that Queequeg Renewables, a clean energy developer headquartered in London, announced a few days ago that it plans to deploy a battery energy storage system with a total energy storage capacity of 2GWh in the UK. The energy storage capacity of each energy storage system is 20 to 480MWh. The company also plans to Deploy an energy storage system for a solar farm with a total installed capacity of 1.3GW.

　　Lithium-ion battery (LIB) has become the main energy storage solution in modern social life. Among them, lithium iron phosphate battery is a perfect replacement for lead-acid batteries, and it is the first choice for grid-connected peak shaving, off-grid energy storage, photovoltaic energy storage, UPS, data center and other industries.

　　Solar power generation system with lithium battery energy storage system is a very promising clean energy.