Energy: Home Battery Storage

Baroness Maddock Excerpts
Monday 4th December 2017

(6 years, 11 months ago)

Lords Chamber
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Lord Henley Portrait Lord Henley
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My Lords, as I said in my answer to the previous question, the cost of lithium-ion batteries has come down considerably—by 50%. Batteries are still expensive but it is in the interests of some consumers to buy them to even out their use of electricity and make savings. Obviously, any advice that they can get, which was partly behind the Government and Ofgem’s smart systems flexibility plan, would be of use to those consumers.

Baroness Maddock Portrait Baroness Maddock (LD)
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My Lords, the more smart meters are installed in our homes, the more potential there will be for battery storage. Will the Minister assure us that the promise the Government made of 26,000 smart meters in our homes before 2020 will really happen?

Lord Henley Portrait Lord Henley
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My Lords, we are on track for that. As the noble Baroness will be aware, legislation dealing with this is coming forward. I hope we will get there; I see no reason why not.