The drive towards longer duration energy storage will likely be multifaceted, with different technologies finding their place both in front of and behind the meter.
Update 25 March 2021: NGK Insulators responded to a request for more info from Energy-Storage.news and confirmed that the NAS battery storage system will be sited at the 5MW Uliastai solar PV project which is included in the ADB’s Upscaling Renewable Energy Sector project for Mongolia.
The challenges of explosion prevention – with flammable gases needing to be vented “very rapidly” – in the event of a battery fire have been highlighted at this week’s Energy Storage Summit USA.
The energy storage industry should be well prepared to deal with failure in lithium-ion battery systems so that thermal runaway in a single battery cell never becomes a fire or explosion.
Europe’s cumulative electrochemical energy storage installation capacity has gone past the 5GWh mark and this year is likely to see installations almost double from 2020’s figures.
The devastating power crisis in Texas last month proved the value of the energy storage market, particularly distributed models, according to a panel of renewables investors this week.
The business case for a range of long-duration storage technologies needs to be addressed to help the US reach its decarbonisation targets, according to the Department of Energy’s director of energy storage research Dr Imre Gyuk.
Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said.
Early days of the new regime have been applauded for their progressive nature, but lack of proper cost-benefit analysis for storage and concerns of trade tariffs remain
