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The State of the New Energy Market in 2021

Delta-EE tracks the progress in the transition from old to new energy in its annual State of the Market Report. This study gathers evidence of the shift from selling energy as a commodity to selling new energy products and services. It covers a broad range of product areas, such as eMobility, New Heating, Storage or Smart Buildings – both in the C&I and residential segments.  

What progress has been done in 2020 in the transition from old to new energy? 

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UK Government fires the starting gun for the ‘New Energy’ Race

 

The UK Government has fired the gun for the ‘new energy’ race, with a clear indication that it is putting flexibility closer to the heart of Britain’s electricity system. Starting guns have also been fired in a few other European countries with some races likely to start in the (near) future.

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A bright future for energy storage in the UK?

Attending the UK Electricity Storage Network’s 'Good Storage, Better Storage' event a few days ago, one thing was obvious: energy storage is high up on the UK’s energy agenda. BEIS (Department for Business, Energy & Industrial Strategy) and Ofgem clearly understand what the challenges for energy storage are and that they need to be addressed.

We see these challenges ranging from the lack of definition for energy storage, potentially designing a new asset class and resolving the ownership issue for network operators, right across to market barriers such as the ability to access and effectively stack revenue streams. All in all this provides a glimpse at the plethora of barriers for energy storage that remain in place in the UK today.

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