Ofgem Rejects calls for Energy Storage Licensing

15 Apr 2016 11:51 AM

Energy Regulator believes that Energy Storage Licensing is not “the immediate solution”

Utility Week have quoted Andy Burgess, Associate Partner, energy systems, stating Ofgem’s opposition to making Energy Storage a separate licensed activity, based on a desire to allow for competition to develop in the Energy Storage market.

Energy storage is currently licensed as a generation asset, which prohibits network companies from owning and operating the technology. Ofgem see this as allowing the market to remain competitive by preventing the immediate inclusion of regulated monopolies.

A National Infrastructure Commission report published in March called for a decrease in the regulation surrounding smart solutions in the UK, including storage, where it sees potential for the UK to be a world leader.

Government have since published a response to the NIC report, addressing the recommendations made.

For more information, feel free to contact Charles Wood.