Federal energy regulator accused of ‘overreach’ after maintaining provision that forces storage projects to offer minimum prices when competing at state’s capacity market.
Mining giant Rio Tinto is to develop a large-scale solar-plus-storage system at an iron ore mine in Western Australia, continuing a trend of hybrid renewables-plus-storage projects in the region.
For Japan, the famous 4Ds of the energy transition – creating a distributed, decarbonised, decentralised and digitised grid – will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
New proposals from the UK government intend to slam shut a loophole that had allowed for battery storage projects in the country to access more favourable payments for their flexible capacity.
The fire unit at global multinational engineering firm Honeywell made its first move into lithium-ion safety in recognition of battery storage’s “huge potential” for decarbonisation and to help the world move “in a more energy efficient way”, the company has said.
In addition to Silicon Valley, California could also be host to its own “Lithium Valley” as the US state’s Energy Commission met last week to discuss extracting the vital battery ingredient from geothermal brine.
Northvolt, the startup which recently netted a US$1 billion equity raise for its initial lithium battery ‘gigafactory’ in Sweden, has said that its ambitions extend deep into the energy storage solutions space, in addition to its involvement with major carmakers.
