Energy storage is already competitive in a number of mainly grid-based applications, while lithium-ion battery prices could fall by as much as 50% in the next five years, financial advisory and asset management firm Lazard has found.
Aquion Energy’s non-toxic ‘saltwater’ batteries will be used to illuminate a dedicated bicycle lane at an airport in Thailand.
A UK initiative to provide codes of best practise in the selling and installation of PV systems paired with electricity storage is underway, with authors of a guide seeking consultation from stakeholders.
US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
Steag, a major power generator which constructs, plans and operates power plants, is spending US$100 million on acquiring 90MW of large-scale energy storage to help stabilise Germany’s grid.
Top names have signed up to support the Energy Storage division of PV Tech Storage’s publisher Solar Media, which has launched a series of events and media activities for next year, targeting the UK’s nascent industry.
Tesla batteries in microgrids will be deployed to help integrate renewable energy into California’s interdependent “water-energy nexus”, as the state faces it worst drought on record.
An analyst has hailed the work of a University of Cambridge team developing the “ultimate” lithium-air battery for overcoming some of the technology’s limitations, but has expressed doubts as to its prospects for commercialisation.
Tesla boss Elon Musk has claimed that his company is already sold out of stationary storage products for next year before the first ones have even been shipped to customers.
One research firm has welcomed predictions from a think tank that Germany’s electricity network could cope with the addition of “huge amounts” of solar-plus-storage and even benefit, but also agreed that policy changes will most likely be required to enable that scenario.
