Future battery energy storage projects in the UK have been hit with a major blow after the government published its intention to lower the de-rating factor in capacity market auctions by almost 80% for 30 minute duration batteries.
The developer of one of the world’s biggest battery energy storage systems (BESS) installed globally so far will be taking its vanadium redox flow systems into the international market, beginning with a pilot in Belgium.
New York has become the latest US state to decide to support energy storage through its legislature and will be setting targets for deployment of the technologies in the coming weeks.
On-site energy storage is “the way that you make the subsidy free package work” for large scale solar according to climate change minister Claire Perry who has pointed to Anesco’s Clay Hill solar farm as proof of why the technology so longer needs financial support from tax payers.
Developer Convergent Energy & Power has installed a commercial and industrial (C&I) energy storage system in Ontario for an injection-moulded plastics company, sized with 8.5MWh of batteries.
Battery storage technology costs will have to fall by a further 30% before projects in the UK are feasible without lucrative frequency response revenues, a leading investor has said.
The government of the state of South Australia has named four utility-scale energy storage projects which it will support with grants toward the total cost of development.
Norwegian oil and gas company Statoil’s Batwind project in Scotland, combining wind turbines with energy storage, will have a battery system installed by system integrator Younicos.
Sunverge Energy has signed off on deals with three electric utilities in Arizona, Florida and Vermont that will expand the company’s customer base for its storage system and Virtual Power Plant (VPP) platform.
Applications made to the government of New South Wales in Australia for two solar farms totalling 285MW of capacity are open to comment from stakeholders and members of the public.
