NEC to power up investment fund Gore Street’s 100MW Northern Ireland projects
Gore Street Energy Storage Fund has awarded NEC Energy Solutions both EPC and long-term O&M contracts for 100MW of storage in Northern Ireland.
Articles tagged with: Energy Trading
UK local energy market trial achieves ‘breakthrough’ as flexibility trading platform goes live
Centrica, one of the UK’s largest energy companies, is celebrating a "major breakthrough" as its flexibility trading platform goes live.
Feature
Guest blog
Powering up The Bush: rural Australia is a proving ground for innovative solar-plus-battery tech
Distributed renewables and energy storage are now the cheapest form of baseload power and if Western Australia's remote areas can benefit from that, we can all benefit, argues David Martin, founder of energy trading platform provider Power Ledger.
Feature
Guest blog
Every charge cycle counts when it comes to battery degradation
As battery owners and operators seek to maximise the returns from their assets, they simultaneously face the Herculean challenge of managing degradation.
‘Algorithmic trading’ key to 40MW UK battery optimisation deal for Habitat Energy
Battery asset optimisation firm Habitat Energy has landed a contract from UK clean energy investment company Arlington Energy to manage a 40MW battery, as the former sets its sights on assembling a leading portfolio.
Almost 4GW of virtual power plants are in operation worldwide, Navigant says
Navigant Research has created a definition for virtual power plants (VPPs) in the course of creating a market report which finds that nearly 4GW of such projects are already in operation, with rapid growth forecasted over the next decade.
Optimisation of battery throughput means optimised revenues, Open Energi’s data science lead says
Batteries are now one of a “huge variety of distributed energy assets capable of providing flexible capacity to the network”, but failure to manage them correctly will limit the market opportunities available, as well as the lifetime of the systems themselves, the data science head of UK flexible energy tech company Open Energi has said.
Huge battery system to export cheap solar from South Australia approved
Approval given to a 500MW (AC) solar farm project, co-located with 250MW / 1,000MWh of battery energy storage from renewables developer EPS Energy.
Feature
Editor's blog
Cloud cover: Going 100% renewable with Q CELLS’ supply solutions
Going 100% renewable doesn’t have to be at odds with modern life as we know it. Q CELLS technical sales expert Cyril Hinz talked us through the concept as well as the equipment for the company's new holistic energy solutions.
UK duo strike deal for ‘dynamic management’ of 19.5MW battery asset
Renewable energy and energy storage project developer Anesco has handed aggregator Flexitricity the keys to 19.5MW of battery assets, with the latter set to earn revenues from four different 'streams'.
Centrica: Residential solar-plus-batteries could mean 4.5GW more flexible capacity for the UK
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
Feature
Editor's blog
Virtual reality: VPPs in a break with tradition
Cloud-aggregated virtual power plants using residential or C&I battery storage as part of a smart energy management system can benefit the grid, integrate renewables and EVs and hopefully add a powerful long-term value proposition for home storage. Andy Colthorpe and David Pratt report on how some of the UK’s first VPP projects are proving the concept.
Duracell’s UK storage launch to enable huge revenue jumps, partner claims
International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company which claims it has enabled big increases in revenues available to owners of the devices.
Blockchain enables Australia’s peer-to-peer power trading kick-off
Cheap solar electricity will be traded between neighbouring residents in apartment blocks in Western Australia, enabling peer-to-peer trading of electricity in a project supported by the Australian Renewable Energy Agency (ARENA).
Sonnen CEO: Shell and other major players taking action, not just talking, about clean energy
Shell, which has just participated in an investment round for sonnen, is one of the big players in the incumbent energy industry that “really acts” on clean energy, rather than just talking about it, sonnen’s CEO has said.
Sonnen adds EVs to Virtual Power Plant ‘community’
Germany’s sonnen introduced a scheme a while back in which customers pay a flat, reduced rate for their electricity each month while the company aggregate their batteries together to benefit the grid – and now the offer has been extended to electric vehicle owners.
Feature
Analysis
Blockchain in action: stabilising the grid in Germany and the Netherlands
Case study: Blockchain technology is being put to the test in northern Europe, writes Jean-Baptiste Cornefert of Sonnen.
Feature
Analysis
Look beyond the hype: to really disrupt the energy world, we need a Yin to blockchain’s Yang, Pt 2.
Carsten Reincke-Collon of Younicos continues his look at the potential - and limitations - of using blockchain in the energy system. This second part covers how energy storage and storage management software could be the key to the 'puzzle'.
Feature
Analysis
Look beyond the hype: to really disrupt the energy world, we need a Yin to blockchain’s Yang
Blockchain technology is being touted as the next big step forward in the digitalisation of the energy system. But storage and storage management software are the critical pieces of the puzzle needed to maximise its potential, writes Carsten Reincke-Collon of Younicos.
‘Virtual big battery’ in Canberra turns 250 rooftop PV systems into lucrative grid resource
A 250-home ‘virtual big battery’ was switched on in Canberra, Australia last week, allowing residents to sell solar-generated power at a significantly higher price than available to them through feed-in tariff (FiT) policies.
Smart energy grid opens up on UK regional distribution network
Northern Powergrid, one of the six distribution network operators (DNOs) responsible for delivering power across regions of the UK, is to plough £1.9 million (US$2.53 million) into the creation of a smart energy grid across its network, allowing its eight million customers to trade power and services using their home solar, battery systems and electric vehicles (EVs).
Blockchain-powered P2P energy trading on trial at Britain’s biggest social housing PV installation
Verv, an energy monitoring and AI company, has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney, East London.
New UK company Eelpower commissions first 10MWh battery on path to ‘battery energy storage utility’
Eelpower has commissioned a 10MW battery energy storage system (BESS) in England, backed with both frequency response and capacity market contracts, in the first of a new pipeline of projects being planned by the company over the next decade.
Centrica’s UK ‘Local Energy Market’ trial gets 1MWh ‘flow machine’ from RedT
What is thought to be the largest operating containerised vanadium redox flow machine system in the UK has been connected to the grid by manufacturer redT energy, with the 1MWh project becoming the first to sign up to a local energy market being set up by British multinational utility Centrica.
Sonnen seeks to work with US utilities, not replace them
In its home territory of Germany, energy storage provider Sonnen is making a play to replace utilities, but its business models in the US will instead emphasise cooperation with existing energy suppliers.
First grid-scale Li-ion system in Czech Republic to be built by Alfen
A village in the south east of the Czech Republic will be host to what is thought to be the country’s first grid-scale lithium-ion battery energy storage system (BESS) connected to a solar farm.
Interviews
Sonnen UK: IET Code of Practice could solve problem of ‘real lack of guidance’ for installers
A code of practice for installing and selling electrical energy storage systems for the UK consumer market could help fill a “vacuum” of clear guidance for installers and their customers, Sonnen’s UK chief has said.
Australian trial for solar and storage consumers to profit from grid services
Australian tech company GreenSync is to trial a software-based marketplace where solar rooftop and energy storage consumers can trade their services with the local network operators to earn extra money.
Move beyond hardware ‘fastest way to monetise storage’, agree Sonnen and investor GE Ventures
GE’s investment in Sonnen shows a shared belief in online trading of energy and other digitally-enabled services as the fastest potential drivers of a profitable energy storage industry, according to a Sonnen director.
Interviews
Secrets of the trade: Insights into Sonnen’s PV-plus-storage energy trading platform
PV Tech Storage attended the late November launch of sonnenCommunity, a new energy trading platform launched on a limited basis in Germany based on Sonnen’s residential energy storage systems. Andy Colthorpe spoke to two key members of the Sonnen team at the event, CEO Christoph Ostermann and sales director Philipp Schröder.