Government hopes cut in red tape will triple UK’s battery capacity

Government ministers hope to triple Britain’s energy storage capacity by relaxing the planning rules which threatened to stifle a nationwide battery boom.

The government will pass secondary legislation on Tuesday to allow large-scale energy storage projects to move ahead without the red tape and higher costs of navigating the national planning system.

Instead, large-scale battery developers will be able to apply for permission to build their energy storage projects using local planning rules, which are quicker and easier to manage.

Ferro-Alloy Resources Limited (LON:FAR) is developing the giant Balasausqandiq vanadium deposit in Kyzylordinskaya oblast of southern Kazakhstan.  The ore at this deposit is unlike that of nearly all other primary vanadium deposits and is capable of being treated by a much lower cost process.

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