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We’re at a tipping point in how electricity systems are balanced. Traditionally, supply and demand have been matched by turning large power plants up and down, with the occasional very large industrial customer, like a steel works, containing its demand to help balance the system. But over the last ten years we’ve seen a new breed of businesses – aggregators – bringing together hundreds and thousands of distributed assets to help the electricity systems stay balanced.
We’ve seen more and more aggregators emerging as markets have opened to distributed portfolios, with more than 70 appearing across Europe. Delta-ee Director Jon Slowe suggests “we are past the tipping point of this being a distinct sector in the energy market and there will be lots more action and development over the next years”.
With one or two notable exceptions, energy companies have proven to excel at selling energy to customers, however they have struggled to adopt new technological oppportunities. The solar PV boom in Europe over the last decade or so has been missed by most utilities, with the market being mainly captured by installers, distributors and manufacturers. So can energy suppliers do for energy storage what they missed out on with solar PV?
Energy storage a ‘no brainer’ for energy suppliers?
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