A key committee of Members of the European Parliament (MEPs) has voted overwhelmingly to thrust energy storage into the heart of the continent’s decarbonisation agenda, while trade group EASE has urged the EU to raise its targets on 2030 emissions reduction.
UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.
Calls have been made across Europe for recognition and support for the vital role that energy storage can play in decarbonisation, reducing air pollution and contributing to a ‘green recovery’, both through legislation and industry sector activity.
More than 500 residential energy storage batteries will be aggregated into a virtual power plant (VPP) by US utility Portland General Electric (PGE), with some participating households offered US$5,000 rebates on battery system purchases as well as money off their monthly electricity bills.
Powin Energy VP Danny Lu has said that attaining what is considered the highest standard in safety means that projects using the company’s Stack 225 battery storage system products can be executed faster and pack more capacity onto a single site.
FlexGen, an energy storage system integrator that counts GE and Caterpillar among its backers, said this week that a lithium-ion battery storage system it was supplied was used by an Indiana utility to black start a 77MW natural gas plant.
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
Arizona utility Tucson Electric Power (TEP) has set out plans to provide 70% of its power from solar and wind by 2035, backed up with investment in new energy storage capacity.
French utility EDF is launching a major solar-plus-battery storage hybrid initiative in England and Wales as part of plans to double its installed renewable base.
