The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Israel adds energy storage-friendly tariffs to maximise renewable energy potential

LinkedIn
Twitter
Reddit
Facebook
Email

The Electricity Authority of Israel (PUA) has introduced a supplementary tariff for distributed solar PV facilities that use energy storage to manage demand on the grid.

The country is targeting reaching 30% renewable energy on the network by 2030, but has struggled to hit its earlier 10% by 2020 target. The regulatory Electricity Authority recognised that a major obstacle to this progress has been “the ability to plan and develop the electricity network at a sufficient pace and in the required scope”.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The new tariff should mean existing network resources can be used more efficiently, by encouraging the use of energy storage so that solar-generated power can be shifted to night-time hours when demand is low.

It applies to distributed solar generation facilities used for onsite self-consumption and feeding surplus power into the grid. Solar PV and energy storage facilities that share a single metered connection point to the grid will be eligible.

Local news outlet Times of Israel reported that the reform is aimed at encouraging the production of renewable energy without putting further strain on an already congested grid. The newspaper noted that the Israel Electric Corporation has been forced to reject “large numbers” of grid connection requests from new solar PV plants.

The supplementary tariff will increase the amount of renewable energy used on the grid without the need for new grid connections at additional points on the network.

An official announcement on the new regulation has so far only been published in Hebrew. Energy-Storage.news has asked PUA for more details and will add them to this story as appropriate, but it appears the new tariff will take the form of a top-up payment for generators, paid on an annual basis.   

According to prior modelling from PUA, Israel will need about 2GW/8GWh of energy storage to support the integration of 30% renewable energy to the grid, equivalent to roughly 12GW of solar PV. The authority has hosted a couple of solar-plus-storage tenders in the past, including a 2020 round that awarded contracts to 777MW of PV with 3,072MWh of battery storage.

21 May 2024
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 21-22 May 2024, will be our third PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2025 and beyond.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

May 14, 2024
The Biden Administration will more than triple the tariffs paid on batteries and battery parts imported from China, from 7.5% today to 25%, in a huge move for the industry announced today.
May 14, 2024
Puerto Rico Electricity Board (PREB) has approved a plan to accelerate the adoption of battery energy storage system (BESS) technology in the US island territory.
May 10, 2024
A cost recovery application for 90MW of battery storage, filed by Barbados Light & Power Company (BLPC), has been only partially approved by the eastern Caribbean island nation’s regulator.
May 9, 2024
Regulatory approval has been granted for what is claimed to be India’s first commercial standalone battery storage project.
May 8, 2024
Developer Oracle Power and China Electric Power Equipment and Technology (CET) are looking to develop and build a 1.3GW project combining solar, wind and battery energy storage system (BESS) technology in Pakistan.

Most Popular

Email Newsletter