Battery storage revenues in Britain are well below historic highs but an appetite for storage capacity remains. Electricity system-operator modernization, increased competition, and new opportunities could all shape the future of British battery energy storage systems (BESS’).
The prime minister of the South American nation, one of the most recent arrivals to the club of oil-producing states, has spelled out how his country plans to move to a low-carbon economy.
By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.
The U.K. is leaping ahead in its deployment of EV charging infrastructure. Box Energi has chosen Australia’s Tritium Veefil-RT technology to ramp up the number of refill sites around the U.K. in a move which will boost not only accessibility and driving range but confidence in emissions-free driving.
As EV adoption rates pick up pace, oil companies are looking to invest in the technology to maintain their position in the transport sector. Total has moved for G2mobility, which develops interconnected EV chargers that, using a web platform, provide smart energy management services.
The market for EVs is experiencing robust uptake worldwide with companies, governments and municipalities implementing policies to drive development. EVN and EVBox announced plans for expansion this week, and the UK government is also pouring investment subsidies into the electric vehicle market.
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