Energy Storage is poised for significant growth in the UK due to a resurgence in confidence for renewable energy, making it the cheapest most sustainable power available.

Opportunities in energy storage are many, but farmers are being urged to source sound advice, as there is no ‘one-size-fits-all’ approach.

Storage is overcoming the problem of renewable energy being intermittent and is widely seen as the missing piece in the puzzle.

Energy and Rural Business Show, taking place in Telford International Centre on February 6 and 7 has a dedicated energy storage theatre where farmers and landowners can access the latest industry advice and opportunities.

According to experts speaking at the event, the many opportunities presented require careful consideration.

“There generally isn’t one revenue stream that storage can use to create a viable business model – it’s more about tapping into multiple revenue streams and being creative about how you make the most of your asset,” says Madeleine Greenhalgh from the Electricity Storage Network.

“Co-locating storage with renewable generation is a prime way of making the most out of the energy generated. With the feed-in tariff due to close this year, farmers that can boost their self-consumption with storage will likely benefit in the short term,” she says.

“The cost of lithium-ion storage is always coming down, so the next few years could see higher take-up.

“If the treatment of storage becomes better tailored and understood by government and regulator, we would see a real increase in investor confidence in storage and there is still a great deal of excitement about what storage can do, with many predicting a very high level of growth.”

Madeleine will be speaking at Energy and Rural Business Show in the Energy Now expo Energy Storage Theatre on ‘Growth prospects and market outlook for energy storage’ at noon on Wednesday, February 6.

Whether it’s looking into storage opportunities, adding to existing schemes, looking at energy saving, or diversifying into new green energy projects, Energy and Rural Business Show is the one stop shop for the most innovative diversification initiatives available.

Farmers and landowners can pre-register to attend the free event at energyandruralbusiness.co.uk/visit/register-to-visit