Putting value on energy storage in the UK capacity markets could help pay for deploying the technology more widely, according to the country’s secretary of state for energy and climate change.
The New York Battery and Energy Storage Technology Consortium (NY BEST), like much of the storage industry worldwide, appears primarily concerned with two things – technological development and looking at how policy, regulatory bodies and other factors can help shape viable markets. Andy Colthorpe spoke to John Cerveny, director of resource management of the association about what makes New York’s storage market tick.
The market for residential solar paired with energy storage will grow tenfold by 2018, despite the relative failure of deployment to “live up to hype”, according to a new report from analysis firm IHS.
US battery and energy storage system manufacturer Aquion Energy has closed a US$36.8 million financing round, which it will use for purposes including scaling up production and deploying storage projects internationally.
Canadian Solar has finalised a deal to provide 4MW of energy storage, to be used to support the electrical grid in Ontario, Canada.
Energy storage-themed sessions at Solar Energy UK were extremely well attended and discussions were by all accounts lively and fascinating. Andy Colthorpe took the opportunity to go into some of the topics in more depth with some of the speakers.
US utility company Southern California Edison (SCE) has announced that it will procure 261MW of grid-connected storage capacity from a handful of suppliers, after a competitive solicitation process.
In December, PV module manufacturer Hanwha Q CELLS will join other big names in solar by launching an integrated energy storage product to the German residential market, in partnership with Samsung SDI.
The solar industry should be wary of thinking that there will be a support mechanism-fuelled “gold rush” on energy storage in the UK, according to the director of the Electricity Storage Network (ESN).
The Australian Renewable Energy Agency (ARENA), has given utility company AGL Energy (AGL) the task of examining the business case for grid-connected energy storage in South Australia, with AGL to receive AUS$445,000 (US$390,000) of funding.
