A boost for investment in battery energy storage in much of Australia is strongly expected to come from 1 October onwards, when new National Electricity Market (NEM) rules come into effect.
A Request for Proposals (RFP) has been issued for a 500MW pumped hydro energy storage project at a reservoir in California by the San Diego County Water Authority.
Stem Inc is developing what it claimed is the first virtual power plant in South America, aggregating behind-the-meter distributed energy facilities in Chile.
Convergent Energy + Power has commissioned an industrial battery energy storage system (BESS) project in Ontario which could save the facility owner CA$450,000 (US$356,000) per megawatt on power costs during summer.
Vistra Energy has welcomed the enactment of clean energy policies in Illinois which the power generation company said will support 300MW of solar and 150MW of battery storage to be built at nine of its coal plant sites.
The Senate of Illinois has passed legislation that will commit the US state to reaching 50% renewables by 2040 and 100% carbon-free electricity by 2045.
Nickel-hydrogen batteries have been used in space for several years, but a California company adapting the technology for storing energy here on earth has raised US$100 million in a Series A funding round.
Wärtsilä has been awarded a contract to deploy a battery storage system at a gold mine in Australia, marking the company’s first ESS project in the country.
The US is likely to install record setting amounts of battery storage this year, demonstrating the acceptance the technology has found in the power sector and as an integral part of the clean energy transition.
