Energy horror as UK ‘wasted’ £140m in power last month while Britons faced bills hike

To solve this crisis, the UK needs to build more large-scale battery storage sites, which help harness renewable electricity, which is nine times cheaper than natural gas under current prices. 

During times when the wind is blowing strongly, these sites will store a lot of electricity to be used later, thus decreasing the UK’s reliance on expensive natural gas.

As part of the efforts to tackle this issue, Kona Energy, has struck a deal with Gore Street Energy Storage Fund (GSF) for a 200MW project in North West England, which will be one of the largest battery storage sites in Europe. 

This could be a valuable lifeline to hundreds of thousands of households, particularly as the National Grid is planning to impose three-hour power cuts this winter should it fail to acquire enough energy supplies.

Mr Willis added that this site, located in Heysham, could power 200,000 homes for two hours, meaning that it could be critical for supporting the National Grid during peak hours of the day. 

Article source: https://www.express.co.uk/news/science/1710476/energy-horror-uk-wasted-140-million-november-kona-battery-storage-bills-hike