News in cooperation with eceee.org
London pioneers the city’s first ‘virtual power station’
(Climate Action, 10 Mar 2020) A new ground-breaking project which pays households to store energy to power the grid during peak times begins in South London.
Selected households in St. Helier, London are to be provided with batteries courtesy of government-backed company, Powervault, to help support the cities electricity grid with peaks in winter demand and reduce carbon emissions.
In 2018, initial trials saw a reduction in household evening peak electricity demand by 60% and helped in cutting carbon emissions from electricity by 20% across the 45 households which took part.
Sponsored by the government, Powervault, is now working on a second commercial contract in South-London. The project will see selected households being able to buy electricity when it’s cheapest with the ability to store it for when grid prices are typically more expensive, helping to lower household electricity bills.
The contract has been praised by Energy and Clean Growth Minister Kwasi Kwarteng as part of the UK’s mission to cut emissions: “These smart batteries are part of the UK’s green revolution, with the government investing more than £3 billion in low carbon innovation, as we aim to end our contribution to climate change entirely by 2050.”
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