EDF Energy accelerates domestic storage market

EDF Energy has created a new partnership with Powervault to offer solar PV owners home battery systems at a heavily discounted price when they sign up to EDF Energy grid services.

Powervault 3 is a smart battery that stores energy generated by solar panels during the day to use at night; it also has the capacity to store cheap energy from the grid, helping customers to reduce their electricity bills.

The Powervault 3 battery will be offered as a standalone product or can be combined with EDF Energy’s new grid services package. By adding grid services, customers will be allowing the energy stored in their Powervault 3 battery to form part of a network of small, domestic batteries across the country, which can be used to help balance the grid. The collective resources of these batteries will be pooled to support the grid at times of peak energy demand and to distribute excess energy to the batteries to store when there is more energy being generated than required.

Joe Warren, CEO of Powervault said: “We are delighted to announce this partnership with EDF Energy, following our selection as the winner of the Blue Lab Challenge earlier this year. We have worked with EDF Energy for more than six months to develop this market-leading proposition and are excited to launch it to their customers. By choosing EDF Energy’s grid services offer, customers not only benefit from a large up-front discount on our new Powervault 3 product and all the energy-saving features it provides, they’ll also be helping make the grid more resilient.”

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