Farmers offered grants for 40% of cost of battery storage systems

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Farmers are being offered government grants that enable them to claim up to 40% of the cost of a battery storage system.

They can also claim grants for heat network infrastructure and other energy efficiency projects via the RDPE Countryside Productivity Scheme.

The grants are subject to some limitations. For example, the minimum amount is £35,000 and the maximum amount is £1m. In the case of battery storage, the total system cannot exceed 1MW and there are restrictions around its capacity versus the farm’s total energy use.

However, taking up the grant could effectively enable farmers to access grid balancing revenue streams while taking advantage of a substantial discount.

Systems must be purchased upfront, or leases paid off, before funding is granted.

See details here.

Interested in storage? The Energyst’s latest Battery Storage report is available as a free download. The report contains the views of public and private sector end users considering storage, energy consultants, financiers, energy companies and aggregators.

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