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Investigating energy storage requirements using current UK demand and prices

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UK grid analysis

Some exploratory work into how storage systems will affect the UK national energy demand and price for a University project. There are lots of caveats with the process / code here!

The study was performed on data from August 1st 2021 to October 25th 2021.

The energy price data was fetched from the Elexon BMRS, using this api https://github.com/OSUKED/ElexonDataPortal

Plotting hourly averaged price and demand data

demand-and-price

Predicting price from demand and demand gradient (only using the averaged data)

predicting-price

UK power station output after installing a grid level battery, using a simple model based on 2GW max charge rate and ~33GW of storage

model-output

grid-demand

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Investigating energy storage requirements using current UK demand and prices

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