At first glance, renewable power generation has created, in the eyes of traditional industries, an investment nirvana. By understanding how these better-capitalised companies view renewables’ merchant risk, we can identify where future energy storage projects should seek finance partners, says Charles Lesser, a partner at Apricum – The Cleantech Advisory.
Increased confidence in the asset class has been driven by three main factors: more third party trading counterparties entering the space and offering new and innovative products, increased volatility in the trading markets and the increased market size of frequency service contracts.
DERs interconnected with the grid position a utility to better manage peak demand, avoid transmission overloads and keep electricity flowing, but interconnection of battery, solar and other DERs is not without its challenges. Jason Allnutt from IEEE Standards Association discusses a standard that has become an “essential resource” for stakeholders.
Lithium battery technology is rapidly enabling the electrification of transport, and of the energy sector. However, batteries themselves can often be seen as a short-lived commodity and as yet, recycling and reuse have not become major priorities in the industry. Dr Amrit Chandan, CEO of UK-headquartered Aceleron Energy discusses what it means to build a circular economy around advanced lithium-ion batteries, designed with longer lifetimes and their repurposing for second-life use in mind.
Ensuring high quality levels in the manufacturing of lithium-ion batteries is critical to preventing underperformance and even safety risks. Benjamin Sternkopf, Ian Greory and David Prince of PI Berlin examine the prerequisites for finding the ‘sweet spot’ between a battery’s cost, performance and lifetime.
Energy storage’s potential and value needs to be allowed to shine for Canada to achieve its goal of net-zero emissions by 2050 – and to avoid being left behind in the international race to modernise global energy systems.
What are the roles of battery storage and hydrogen in the clean energy system of the future? Matthias Simolka, a consultant at Germany-based TEAM CONSULT takes a look at the roles each plays today and where we might see the dynamics go from here, with regard to everything from large-scale renewables integration to electric transport.
Construction equipment contributes substantial amounts of greenhouse gas emissions all over the world, but battery energy storage and hybridisation of diesel power solutions can help the industry take big steps to putting that right, says Shaun Montgomery of xelectrix Power.
Balancing the electricity supply system is not a simple task anywhere in the world, especially as more and more distributed energy resources come online. OpenADR can kick in, whenever the grid operator needs to reduce demand to keep the system stable. Aric Saunders of Electriq Power explains.
Following our recent webinar on ultra-capacitors and the role they could play in the energy transition, Johan Söderbom, EIT InnoEnergy’s thematic leader for energy storage and smart grids, explains the deepening connection between wind power and ultra-caps.
