The recent decision by the UK government to cut feed-in tariffs ostensibly changed the picture for solar panels. New PV owners no longer get paid to send energy back to the grid. However, domestic energy storage could help the business case for owning solar panels. Companies ranging from Tesla, IKEA and Shell are investing in these home batteries.
In this deck, we summarise:
- What is domestic energy storage?
- What is the scale of the market at present?
- Who has entered this market and what do they do?
- How do potential buyers of home batteries perceive the idea?