Moody's: UK battery boom would be credit positive for electricity distribution network operators
London, 23 November 2016-- Rapidly falling lithium-ion battery costs are kick-starting a boom in the use of batteries for large-scale energy storage, with UK electricity distribution network operators set to be among the main winners as a result of cost savings, efficiency gains and capex reductions, says Moody's Investors Service in a new report. Demand for energy storage is growing as climate change policies promote the use of electric vehicles and solar energy.
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