£13.2m funding for Smarter Network Storage project

UK Power Networks has won £13.2m of funding from Ofgem’s Low Carbon Networks Fund (LCN Fund) for its four-year Smarter Network Storage project, which aims to explore and improve the economics of electrical energy storage.

The project will utilise 6MW of advanced electrical storage technology to support the network while exploring the potential commercial arrangements that will support overall system balancing and stability, the wholesale electricity markets and the viability in providing multiple services simultaneously.

The energy-storage device will be used as an alternative method to reducing the immediate need for upgrading the electricity network, to accommodate low-carbon technologies and mitigate electrical capacity constraints at the site.