Cloud-aggregated virtual power plants using residential or C&I battery storage as part of a smart energy management system can benefit the grid, integrate renewables and EVs and hopefully add a powerful long-term value proposition for home storage. Andy Colthorpe and David Pratt report on how some of the UK’s first VPP projects are proving the concept.
Luxury car brand Rolls Royce, yet to make significant strides towards electrification of its vehicles, has nonetheless made an investment in the clean and distributed energy sectors, acquiring a stake in a microgrid solutions developer.
Rapid, far-reaching and unprecedented change is required to limit climate change to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) has warned.
Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
Nevada could cost-effectively deploy between 750MW and 1,000MW of energy storage by 2030, according to an economic study commissioned by the state’s rulemakers to investigate the potential for the technology.
UK Power Reserve, a British developer of flexible electricity assets, has confirmed that battery storage solutions from Fluence will be used to build out its entire 120MW portfolio of projects.
International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company which claims it has enabled big increases in revenues available to owners of the devices.
India’s prime minister Narendra Modi made an official commitment towards the launch of the country’s first National Energy Storage Mission yesterday at a ministerial event also attended by the UN Secretary General, Antonio Guterres.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
