Energy Storage
Technical experts in energy storage
The energy storage team at OWC is made up of experts in energy storage technology and veterans of renewables consultancy.
We are engaged across the field of energy storage and the wider renewables field to provide technical insight across the full scope of energy storage projects.
What are battery energy storage systems (BESS)?
Battery Energy Storage Systems (BESS) is the capture of energy produced at one time for use at a later time. This practice aims to reduce the imbalance between energy demand and supply and to maximise the utilisation of energy surpluses.
Increasing interest in energy storage
As the energy storage market grows in the UK and internationally, new energy storage technologies and chemistries are becoming commercially viable.
Alternative technologies include flow batteries, liquid metal batteries, gravitational potential batteries and compressed air batteries, as well as hydrogen as an energy storage technology. These technologies are receiving greater interest, with proof-of-concept projects coming online in the UK, USA and other international markets as the supply chain for lithium cells becomes increasingly constrained.
Case Study
Market challenges
Supply chain challenges due to the industry’s rapid growth, supply and labour costs have risen dramatically, and there are considerable lead times for BESS equipment.
Lack of grid connection capacity and high connection costs due to lack of investment and upgrades needed to grid infrastructure.
Many grid connection applications are receiving connection dates that are too distant to be feasible.
Regulatory barriers to the installation of energy storage projects and barriers to long-duration energy storage.
Due to the online nature of BESS controllers, there are significant cybersecurity risks associated with BESS projects.
What we do
Technical Due Diligence
Engineering
Owner’s Engineering
The value we bring
Dedicated energy storage team providing technical insight across the full scope of storage projects.
Experience working on joint-market projects such as solar PV and energy storage collaborations.
Demonstrable track record as Lenders Technical Advisor for debt financing of storage projects.