UK Energy Storage Forecast

Household / C&I Storage：

1. VAT exemption for newly installed or retrofitted residential storage systems;

2. Persistently high electricity prices make storage a critical tool for households and businesses to hedge energy costs;

3. Residential PV feed-in tariffs remain significantly lower than retail electricity prices, incentivizing self-consumption and storage deployment.

Large-Scale Storage：

1. Facing severe grid connection backlog and component supply chain shortages; 2. Investor confidence weakened, leading to significant project delays; 3. Clean energy targets (23–27 GW storage by 2030) provide clear long-term market direction.