Frost & Sullivan: Energy Storage is the Answer to Looming Power Shortages

Frost & Sullivan: Energy Storage is the Answer to Looming Power Shortages PR Newswire LONDON, Oct. 10, 2012 - Energy Storage will help to significantly increase the effectiveness of renewable generation, the efficiency of thermal plants, and the resilience and stability of the existing electrical transmission network LONDON, Oct. 10, 2012 /PRNewswire/ -- The significant shortfall in electricity supply within the next three years highlighted by Ofgem in its latest report presents a strong case for energy storage technologies as they can de-couple production and consumption of electricity by creating a buffer. Electrical power generation in the UK has been facing many challenges in the last decade. Some of the most critical include: reduction in generation capacity, unrealistic carbon emission targets, and increasingly unpredictable loads. Frost & Sullivan Research Manager Alina Bakhareva explains how energy storage can help to overcome some of the key issues the energy industry and the British government are facing in the UK. Reduction in Generation Capacity: "Recent legislation has been passed to allow the electricity grid operators to selectively cut power to industrial consumers in times of peak load, to protect domestic supply.