While short-term energy storage has some market drivers, the development of long-term, inter-seasonal storage at the scale expected to be required faces market, policy and regulatory barriers. The UK economy will require a significant level of low carbon energy storage of this type in order to achieve the Government’s net zero energy goals while maintaining energy security and avoiding energy shortfalls.

While short-term energy storage has some market drivers, the development of long-term, inter-seasonal storage at the scale expected to be required faces market, policy and regulatory barriers. The UK economy will require a significant level of low carbon energy storage of this type in order to achieve the Government’s net zero energy goals while maintaining energy security and avoiding energy shortfalls. Type: conclusion | Number: 5 | Paragraph: 44 | Response status: under_consideration Government response: The Government notes the importance of Market-wide Half-Hourly Settlement (MHHS) implementation as an enabler of the increase in demand side response capacity required to meet the 2030 clean power mission. 2 https://www.gov.uk/government/publications/uk-electric-vehicle-infrastructure-strategy 3 htt