Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.
Co-location of large-scale energy storage systems with solar and wind generation is not an immediate prospect for the UK’s clean energy markets, although interest is there, an expert panel said today at the Energy Storage Summit.
Maoneng Australia has said energy storage can improve the reliability of solar and “minimise the technical and commercial impacts” of electric system modernisation, as the developer broke ground on a 255MW solar project in New South Wales, Australia.
Legislators in Minnesota have begun the first steps to establishing fair or optimal market conditions for the deployment of energy storage, setting out rules for determining the value of storage to the network.
Perth-based Hybrid Systems and BayWa r.e. have reaped the lion’s share of the first round of a programme to roll out ‘standalone power systems’ (SPS) across Western Australia.
Arizona Public Service (APS) has announced a plan to make solar energy dispatchable into the evening using batteries, calling for the deployment of 850MW of energy storage by 2025.
The installation will be used to provide “critical peaking capacity” and “increased” grid reliability. AES will provide a system with a four-hour duration based on Fluence’s Advancion platform. It will be leased under a 20-year contract with AES the owner and operator of the project.
Flow battery maker Avalon has initiated a novel business model aimed at lowering the cost of deployment of its energy storage units, effectively ‘renting’ the electrolytes in the devices to a customer in California.
Homeowners across Afghanistan are set to benefit from the country’s first pay-as-you-go (PAYG) home solar systems combined with energy storage batteries, being delivered in a pioneering new programme.
