Search and Filter Through Our Comprehensive Database of Upcoming Thermal Energy Storage (TES) Projects and Tenders in United Kingdom (UK)
Identify and track all the scheduled/announced thermal energy storage (TES) projects. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in United Kingdom (UK).
United Kingdom (UK) Thermal Energy Storage (TES) Industry Analysis
The Grid-scale/Utility Scale Thermal Energy Storage System (TESS) industry in the United Kingdom (UK) is currently experiencing a surge in construction of new projects. This is due to the increasing demand for renewable energy sources and the need for energy storage solutions to balance the intermittent nature of renewable energy generation.
One of the major drivers of this growth is the UK government's commitment to reducing carbon emissions and achieving net-zero emissions by 25. This has led to the implementation of policies and incentives to encourage the development of renewable energy sources and energy storage solutions.
Another driver is the decreasing cost of energy storage technologies, particularly thermal energy storage systems. This has made them more competitive with other energy storage solutions such as batteries and pumped hydro storage.
The construction of new TESS projects in the UK is being led by a number of companies, including Highview Power, which is building a 5 MW/25 MWh liquid air energy storage facility in Greater Manchester. Other companies such as Siemens and General Electric are also investing in the development of TESS projects in the UK.
The industry outlook for TESS in the UK is positive, with continued growth expected in the coming years. The UK government has set a target of 4 GW of offshore wind capacity by 23, which will require significant investment in energy storage solutions to balance the intermittent nature of wind power.
In addition, the increasing demand for electric vehicles and the need for charging infrastructure will also drive the growth of TESS in the UK. TESS can be used to provide grid stability and support for charging infrastructure, ensuring that the electricity grid can cope with the increased demand.
Overall, the Grid-scale/Utility Scale Thermal Energy Storage System (TESS) industry in the UK is experiencing significant growth, driven by the need for renewable energy sources and energy storage solutions. With the government's commitment to reducing carbon emissions and achieving net-zero by 25, the outlook for TESS in the UK is positive, with continued growth expected in the coming years.
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