Pulling the plug on Regenesys plunges energy policy back into the dark ages

摘要

In Our 20 February lead story ('Electric Shock - Ground-breaking UK electricity storage project is closed by its German owners'), we reported that German utility company RWE had abandoned work on the Regenesys regenerative fuel cell project at Little Barford in Cambridgeshire. The Regenesys project was designed to store electricity commercially, challenging the fundamental premise of the electricity market: that electricity is not a storable commodity. As Andrew Lee's article explained, the origins of the decision to halt the Regenesys project lay in the economics of an electricity industry operating on razor-thin margins.