Regulatory and financial hurdles for the installation of energy storage in UK distribution networks

This paper examines the feasibility of energy storage in in a low voltage distribution network to facilitate increased Distributed Generation (DG), and electricity demand. Modelling is used to quantify technical and financial benefits of storage over a 10 year period. Technical benefits are achieved through loss reduction, prevention of voltage rise and peak shaving. However, for energy storage to be financially feasible, all multi-stakeholder benefits need to be included in any investment strategy and regulation needs to be updated to foster energy storage adoption.