Seminar List for Energy Storage

10:30 - 11:00

The UK’s Energy Transition is Here: How Can Energy Innovation Futureproof your Business?

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In this session Richard will talk through the key energy technologies impacting UK businesses and why your business should be embracing change. With non-energy costs continuing on an upward trend and policy regulating our future emissions, now is the time to take action. In January 2017, as part of its commitment to reduce industrial energy costs and decarbonise the UK economy, the Government committed £28 million to energy innovation projects. That, and many other statistics show just how fast the pace of innovation is moving at. Ofgem figures suggest innovation by energy networks has already enabled close to £1bn of cost savings between now and 2023. Clearly then, innovation can mean huge wins for business. But, the Grantham Institute (GI) suggests 13 of the UK's 15 largest industrial sectors are less effective than global competitors at low carbon innovation.

 

Speaker

11:10 - 11:40

Making Battery Storage Work for your Business

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Battery storage will be key to enabling a transition to a smart, flexible energy system. For business, storage can be used to increase consumption of on-site renewable generation Energy, reduce network charges and generate additional income by providing services to the National grid. But what innovative business models will accelerate this transition and put the business community at the heart of the change?

Speaker

13:10 - 13:40

Balancing Mechanism Units: the Main Income Stream for Battery Storage

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Making battery income stream stuck up has been difficult. Trading energy demand reduction through the use of batteries and trading that reduction through Balancing Mechanism Units makes the income from batteries very attractive. This seminar explores how changes in the electricity codes are developing.

Chairman

Panellists

14:30 - 15:00

Energy Reduction as an Outcome – the financial opportunity

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Research suggests that the energy storage market will experience significant growth in the coming years. Globally, annual installations of grid-connected energy storage are forecasted to increase significantly to more than 40GW by 2022.[1] Although businesses may perceive energy storage as a significant investment, innovative financing models are being devised which can make it an achievable and affordable goal as part of  a company's long term strategy. ‘Outcome-based’ financial models base customers’ payments on the battery’s output, rather than outright purchase for the battery itself.

During the session, Ian will use practical examples of the use of tailored financial models that offer customers’ access to world-class technology without committing capital up front, enabling to significantly manage and reduce their energy costs.

 

[1] Raconteur, ‘Batteries are included in this energy game-changer’, 14 June 2016

Speaker

  • Ian Tyrer Head Of Sales, Energy Finance - Siemens Financial Services (SFS)
14:30 - 15:00

The Basics of Battery Storage Technology

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Much has been said about the battery storage technology, however what are the main factors that should be taken into consideration to ensure a successfully implementation? This seminar will give the basic understanding of how the technology works and the opportunities and limitations it represents.

Chairman

Panellists

13:10 - 13:40

Battery Storage for Business

Category:

Much has been said about the battery storage technology, however what are the main factors that should be taken into consideration to ensure a successfully implementation? This seminar will give the basic understanding of how the technology works and the opportunities and limitations it represents.

Chairman

Panellists