KiWi Power to partner with UK Power Networks in successful bid for energy storage project
Successful trials of energy storage could save more than £700m by 2040London, 3 December, 2012 – KiWi Power, the UK’s leading smart grid and energy demand management company, will partner UK Power Networks on a four-year project which will examine the technical challenges and commercial opportunities of using stored electricity to meet peak energy demands.
The Smarter Network Storage (SNS) project is one of five innovative schemes selected by Ofgem to help secure the UK’s electricity supply and develop a new smart grid network.
According to Ofgem the SNS project has the potential to