The dramatic fall in cost, occuring alongside the mass roll-out of home storage systems in Germany since 2013, has highlighted the potential of decentralised batteries in virtual power plants to utility companies and grid operators.
Idaho-headquartered KORE Power claims it will have 6GWh annual production capacity for its lithium battery energy storage solutions, based on high-power nickel manganese cobalt (NMC) cells, up and running during the first quarter of next year.
Democratic presidential hopefuls discussed their environment and energy priorities during a televised town hall meeting in New York City earlier this week.
The latest project to be switched on in Nigeria’s solar electrification programme for universities is also thought to be the largest ‘hybrid’ plant of its kind on the African continent so far, inaugurated this week at Bayero University Kano (BUK).
A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology.
The EU’s latest Clean Energy Package (CEP) is “undoubtedly positive” for energy storage, with the technology expected to play a key role in meeting the legislation’s ambitious “32% by 2030” renewables target, Brittney Elzarei, senior policy officer at trade organisation EASE has said.
Ontario’s Independent Electricity System Operator (IESO) is set to launch a demonstration of how solar panels, energy storage and customer-sited demand side response (DSR) can be used to drive down costs of the IESO’s network.
A study co-written by industry figures has put forward new claims of the cost-competitiveness of European solar-plus-storage, amid predictions that grid parity will unfold continent-wide by 2025.
Energy use by air conditioning can be both expensive and taxing for the environment, with the University of the Sunshine Coast, Queensland, Australia, set to trial a three-storey ‘water battery’ to reduce both energy demand and cost.
