As energy system modernisation and decarbonisation progresses, energy storage could represent between 10% and 25% of India’s total installed power capacity by 2050, while other countries in South Asia including Bangladesh, Nepal and Bhutan also have “significant opportunities” for energy storage.
Battery storage could play the same role on the grid as a proposed 60MW natural gas and fuel oil peaker plant in Massachusetts and not only result in lower emissions but also in cost savings.
Energy storage activity grew during January to June this year for Wärtsilä, accounting for almost two-thirds of new-build order intake, the company’s VP for Energy Storage and Optimisation has said.
Governor Doug Ducey of Arizona expressed delight yesterday as lithium-ion battery and stationary storage system manufacturer KORE Power selected his state for the location of a new gigafactory.
An agreement has been reached between the developer of a large-scale pumped hydro energy storage project in Ontario, Canada, and the Department of National Defence that could see the project built on federal land.
Recognising the multiple benefits and value streams that energy storage systems can bring, the Connecticut Public Utilities Regulatory Authority (PURA) has established a programme designed to spur 580MW of customer-sited storage deployment by 2030.
The European Union has raised the bar for standards in the battery supply chain with a set of regulations it intends to introduce, but a group of academics and industry experts has pointed out some drawbacks with its approach. One of those experts talks to Energy-Storage.news about the implications for stationary energy storage systems.
