There has been wide criticism that the U.K. government is not investing enough to achieve a green transition in line with its climate pledges. It continues to back oil and gas operations in the North Sea and has gone back and forth on several renewable energy and nuclear power plans. However, a potential new investment in the battery energy storage sector by NatPower U.K. could massively boost the country’s storage over the coming decades, thereby strengthening its renewable energy sector.
Stefano Sommadossi, the CEO of NatPower UK, stated “To solve the bottlenecks that are slowing the shift to clean energy, we will drive investment into the grid itself, collaborating with grid operators to deliver more than 20% of the new substations required… By investing in substations and focusing on energy storage first, we will enable the next phase of the energy transition and bring down the cost of energy for consumers.” The potential investment is expected to improve the U.K.
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