Changes in distribution and transmission policies by grid operators have removed obstacles to connecting and monetising the energy generated by renewables, the firm said
Queequeg Renewables is said to be due to submit planning permissions for more than a dozen renewable energy projects across the UK by the end of June 2024. The projects include solar installations, onshore wind, and battery energy storage systems (BESS) to the tune of 750MW.
The applications are said to follow submission the company made for a 40MW BESS facility near Stockport, Greater Manchester late last year.
“Policies such as the 2008 Climate Change Act and the Renewable Energy Roadmap have put in place a regulatory framework that encourages investment in long-term renewable schemes, stated Mark Roberts, Project Development Director at Queequeg Renewables.
He added, “Ongoing advances in solar, wind and battery storage technologies also improve the feasibility and efficiency of proposed projects, which in turn makes them more attractive to investors and planners. And as installation costs for renewables fall and become more competitive versus traditional energy sources, developers can secure funding and gain planning approval for their proposed projects more easily.”
Recent changes in distribution and transmission policies by grid operators have removed obstacles to connecting and monetising the energy generated by renewables, while customer demand has risen, he concluded.