A combination of technological advances, cost reductions and an enhanced regulatory framework have combined to make commercial scale electricity storage a viable proposition. As owners of a diverse property portfolio, Local Authorities may find themselves in a unique position to benefit from the advent of electricity storage. Here are 4 things to consider if you think this could be right for you:
- Do you have large properties that have high electricity consumption?
- Do you have land assets close to existing grid infrastructure?
- Do you have land assets of a quarter acre or larger?
- Do you have land assets which are segregated from residential properties and outside of AONB’s and areas of other environmental sensitivity?
If your portfolio contains property that fits one or more of the criteria above, you could benefit from energy storage infrastructure. Whether you are in a position to invest directly in an asset on the cutting edge of technology to reduce your electricity bills and earn revenue payments from the National Grid, or benefit from a 3rd party fully funded alternative – to lease land and secure long term rental payments, Public Power Solutions will be able to help you with our offer of a full range of solutions.